Enterprise, AL—36330
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Enterprise, AL
As of Oct '25, the median home price in Enterprise, AL is $201,000, with a year-over-year change of 2.2%. This indicates that home prices in Enterprise, 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 | $201,000 | 2.2% |
| Single Family | $201,000 | 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 | $148,000 | 1.4% |
3 Bed | $220,000 | 2.8% |
4 Bed | $343,000 | 3.3% |
| 5 Bed | $427,000 | 3.6% |
% of Housing Stock
Rental Trends — Enterprise, AL
As of July '25, Rentcast reports the average rent in Enterprise, AL is $1,480, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Enterprise, AL is studios: $1,020, 1-bedrooms: $686, 2-bedrooms: $1,180, 3-bedrooms: $1,520, 4-bedrooms: $2,200. The most common rental property sizes in Enterprise, AL are 2-bedroom and 3-bedroom, accounting for 41.2% and 39.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,480 |
| Studio Rent | $989 | $1,020 |
| 1 Bed Rent | $665 | $686 |
| 2 Bed Rent | $1,200 | $1,180 |
| 3 Bed Rent | $1,500 | $1,520 |
| 4 Bed Rent | $2,100 | $2,200 |
% of Rental Stock
Property Listings — Enterprise, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Enterprise, AL is 62. This is a increase of 13.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $313,000 | 3.0% |
Listing Count | 245 | 13.0% |
| Listings as % of Homes | 0.8% | 13.0% |
Days on Market | 62 | 13.0% |
Demographics — Enterprise, AL
As of the latest ACS Survey released in 2023, Enterprise, AL has a population of 38,700, which has increased by 5.7% over the past 5 years. Enterprise, AL is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,700 | 5.7% |
% Under 18 | 24.4% | -1.6% |
% Seniors | 15.4% | 6.2% |
% WFH | 4.6% | 70.4% |
% w/ College Degree | 24.1% | -14.2% |
As of the latest ACS Survey released in 2023, Enterprise, AL is a predominantly white area, with 62.8% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Enterprise, AL is black, making up 18.2% of the population. Foreign-born residents account for 5.6% of the population in Enterprise, AL, and this percentage has increased by 14.3% 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 | 62.8% | -4.0% |
% Black | 18.2% | -4.2% |
% Hispanic | 12.7% | 25.7% |
% Asian | 1.2% | -29.4% |
% Foreign Born | 5.6% | 14.3% |
Mortgage and Risk — Enterprise, AL
According to HUD data as of 2023, there were 931 mortgage originations in Enterprise, AL, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Enterprise, 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 | 931 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Enterprise, AL
Enterprise, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 472 |
Total Units Section 8 | 322 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $665 | $680 |
| 2 Bedroom | -$330 | $1,200 | $870 |
| 3 Bedroom | -$280 | $1,500 | $1,220 |
| 4 Bedroom | -$770 | $2,100 | $1,330 |
Affordability — Enterprise, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $201,000 |
| Median Household Income | $71,600 |