Fadette, AL36375

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$167,000
2.2% YoY Growth
Median Household Income
$55,100
33.0% 5-Year Growth
Days on Market
48
36.0% Shorter than last year
Home Price Forecast
0.3%
Median 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

Property Listings — Fadette, AL

As of Oct '25, Realtor.com reports that the median days on market for a home in Fadette, AL is 48. This is a decrease of -36.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$299,000-10.0%
Listing Count
303.0%
Listings as % of Homes0.4%3.0%
Days on Market
48-36.0%
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Demographics — Fadette, AL

As of the latest ACS Survey released in 2023, Fadette, AL has a population of 8,040, which has increased by 15.5% over the past 5 years. Fadette, AL is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 10.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,04015.5%
% Under 18
23.5%16.9%
% Seniors
19.4%2.1%
% WFH
4.3%168.7%
% w/ College Degree
10.4%-16.1%
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As of the latest ACS Survey released in 2023, Fadette, AL is a predominantly white area, with 84.8% of the population identifying as white. The white population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Fadette, AL is black, making up 8.1% of the population. Foreign-born residents account for 0.8% of the population in Fadette, AL, and this percentage has decreased by 42.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
84.8%4.4%
% Black
8.1%-33.1%
% Hispanic
2.7%-49.1%
% Asian
0.0%N/A
% Foreign Born
0.8%-42.9%
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Mortgage and Risk — Fadette, AL

According to HUD data as of 2023, there were 178 mortgage originations in Fadette, AL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Fadette, AL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
178
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
2.0%
% Second Loans
3.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Fadette, AL

Fadette, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
22
Total Units Section 8
8
% Rentals under Section 8
1.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$690
2 BedroomN/AN/A$860
3 BedroomN/AN/A$1,170
4 BedroomN/AN/A$1,330

Affordability — Fadette, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$167,000
Median Household Income$55,100

Fadette, AL — ZIP Code Boundary Map

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Frequently Asked Questions