Cowarts, AL—36321
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cowarts, AL
As of Oct '25, the median home price in Cowarts, AL is $179,000, with a year-over-year change of 3.2%. This indicates that home prices in Cowarts, AL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | 3.2% |
| Single Family | $179,000 | 3.5% |
| 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 | $169,000 | 3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cowarts, AL
As of July '25, Rentcast reports the average rent in Cowarts, AL is $1,540, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Cowarts, AL is 3-bedrooms: $1,540. The most common rental property sizes in Cowarts, AL are 3-bedroom and 2-bedroom, accounting for 75.2% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,540 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cowarts, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cowarts, AL is 71. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter 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 | $285,000 | -3.0% |
Listing Count | 7 | -8.0% |
| Listings as % of Homes | 0.2% | -8.0% |
Days on Market | 71 | -16.0% |
Demographics — Cowarts, AL
As of the latest ACS Survey released in 2023, Cowarts, AL has a population of 2,160, which has increased by 23.8% over the past 5 years. Cowarts, AL is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,160 | 23.8% |
% Under 18 | 25.1% | -2.0% |
% Seniors | 20.9% | 18.8% |
% WFH | 0.6% | -70.0% |
% w/ College Degree | 13.5% | 8.0% |
As of the latest ACS Survey released in 2023, Cowarts, AL is a predominantly white area, with 76.9% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Cowarts, AL is black, making up 10.4% of the population. Foreign-born residents account for 2.1% of the population in Cowarts, AL, and this percentage has decreased by 4.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.9% | -8.6% |
% Black | 10.4% | 28.4% |
% Hispanic | 5.0% | -27.5% |
% Asian | 0.4% | 0.0% |
% Foreign Born | 2.1% | -4.5% |
Mortgage and Risk — Cowarts, AL
According to HUD data as of 2023, there were 58 mortgage originations in Cowarts, AL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Cowarts, AL. Investor activity is low, as 3.0% 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 | 58 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Cowarts, AL
Cowarts, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $860 |
| 3 Bedroom | -$330 | $1,500 | $1,170 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Cowarts, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $179,000 |
| Median Household Income | $58,200 |