Union Springs, AL—36089
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Union Springs, AL
Union Springs, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $145,000 | -5.2% |
| Single Family | $145,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Union Springs, AL
Union Springs, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Union Springs, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Union Springs, AL is 217. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | 16.0% |
Listing Count | 4 | -30.0% |
| Listings as % of Homes | 0.2% | -30.0% |
Days on Market | 217 | 33.0% |
Demographics — Union Springs, AL
As of the latest ACS Survey released in 2023, Union Springs, AL has a population of 7,400, which has remained stable by 0.1% over the past 5 years. Union Springs, AL is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 9.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,400 | 0.1% |
% Under 18 | 23.1% | 7.4% |
% Seniors | 18.1% | 17.5% |
% WFH | 0.7% | -50.0% |
% w/ College Degree | 9.9% | -22.0% |
As of the latest ACS Survey released in 2023, Union Springs, AL is a predominantly black area, with 72.6% of the population identifying as black. The black population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Union Springs, AL is white, making up 17.9% of the population. Foreign-born residents account for 3.4% of the population in Union Springs, AL, and this percentage has increased by 209.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 17.9% | -8.2% |
% Black | 72.6% | -8.4% |
% Hispanic | 7.7% | 1,440.0% |
% Asian | 0.6% | -25.0% |
% Foreign Born | 3.4% | 209.1% |
Mortgage and Risk — Union Springs, AL
According to HUD data as of 2023, there were 27 mortgage originations in Union Springs, AL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Union Springs, AL. Investor activity is low, as 4.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Union Springs, AL
Union Springs, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 408 |
Total Units Section 8 | 408 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $810 |
| 3 Bedroom | N/A | N/A | $1,020 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Union Springs, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $145,000 |
| Median Household Income | $29,400 |