Munford, AL—36268
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Munford, AL
As of Oct '25, the median home price in Munford, AL is $187,000, with a year-over-year change of 0.8%. This indicates that home prices in Munford, AL are flat. 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 | $187,000 | 0.8% |
| Single Family | $187,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $210,000 | 1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Munford, AL
Munford, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Munford, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Munford, AL is 89. This is a increase of 56.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 7.0% |
Listing Count | 14 | -35.0% |
| Listings as % of Homes | 0.2% | -35.0% |
Days on Market | 89 | 56.0% |
Demographics — Munford, AL
As of the latest ACS Survey released in 2023, Munford, AL has a population of 6,020, which has increased by 3.6% over the past 5 years. Munford, AL is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,020 | 3.6% |
% Under 18 | 27.5% | 15.5% |
% Seniors | 15.7% | -14.2% |
% WFH | 3.5% | -44.4% |
% w/ College Degree | 13.6% | 43.2% |
As of the latest ACS Survey released in 2023, Munford, AL is a predominantly white area, with 85.3% of the population identifying as white. The white population has grown by 13.6% in the last 5 years. The second most common race or ethnicity in Munford, AL is black, making up 10.9% of the population. Foreign-born residents account for 1.5% of the population in Munford, AL, and this percentage has increased by 87.5% 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 | 85.3% | 13.6% |
% Black | 10.9% | -50.2% |
% Hispanic | 0.8% | -42.9% |
% Asian | 0.5% | 66.7% |
% Foreign Born | 1.5% | 87.5% |
Mortgage and Risk — Munford, AL
According to HUD data as of 2023, there were 67 mortgage originations in Munford, AL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Munford, AL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Munford, AL
Munford, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $840 |
| 3 Bedroom | -$420 | $1,600 | $1,180 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Munford, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $187,000 |
| Median Household Income | $60,500 |