Saks, AL—36206
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saks, AL
As of Oct '25, the median home price in Saks, AL is $147,000, with a year-over-year change of 1.8%. This indicates that home prices in Saks, AL are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | 1.8% |
| Single Family | $147,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $102,000 | -1.0% |
3 Bed | $163,000 | 3.2% |
4 Bed | $215,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saks, AL
As of July '25, Rentcast reports the average rent in Saks, AL is $629, with a year-over-year rent change of -36.4%. Per bedroom, the median rent as of July '25 in Saks, AL is studios: $300, 1-bedrooms: $500, 2-bedrooms: $758, 3-bedrooms: $700. The most common rental property sizes in Saks, AL are 3-bedroom and 2-bedroom, accounting for 44.5% and 36.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $675 | $629 |
| Studio Rent | $300 | $300 |
| 1 Bed Rent | $500 | $500 |
| 2 Bed Rent | $700 | $758 |
| 3 Bed Rent | $700 | $700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Saks, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Saks, AL is 65. This is a increase of 16.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $160,000 | -4.0% |
Listing Count | 47 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 65 | 16.0% |
Demographics — Saks, AL
As of the latest ACS Survey released in 2023, Saks, AL has a population of 10,700, which has decreased by -7.1% over the past 5 years. Saks, 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 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | -7.1% |
% Under 18 | 23.1% | -6.5% |
% Seniors | 14.1% | -17.5% |
% WFH | 2.8% | 3.7% |
% w/ College Degree | 18.4% | 18.7% |
As of the latest ACS Survey released in 2023, Saks, AL is a predominantly white area, with 50.7% of the population identifying as white. The white population has shrunk by 18.4% in the last 5 years. The second most common race or ethnicity in Saks, AL is black, making up 38.3% of the population. Foreign-born residents account for 5.8% of the population in Saks, AL, and this percentage has increased by 28.9% 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 | 50.7% | -18.4% |
% Black | 38.3% | 53.2% |
% Hispanic | 5.0% | -15.3% |
% Asian | 2.5% | 13.6% |
% Foreign Born | 5.8% | 28.9% |
Mortgage and Risk — Saks, AL
According to HUD data as of 2023, there were 195 mortgage originations in Saks, AL, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Saks, AL. Investor activity is low, as 9.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 195 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Saks, AL
Saks, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 151 |
Total Units Section 8 | 151 |
% Rentals under Section 8 | 9.0% |
% Occupied Section 8 | 82.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $500 | $770 |
| 2 Bedroom | $290 | $700 | $990 |
| 3 Bedroom | $660 | $700 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Saks, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $147,000 |
| Median Household Income | $55,300 |