Homewood, AL—36480
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Homewood, AL
Home Price Trends — Homewood, AL
Homewood, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Homewood, AL
Homewood, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Homewood, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Homewood, AL is 73. 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 | $188,000 | -29.0% |
Listing Count | 8 | 67.0% |
| Listings as % of Homes | N/A | 67.0% |
Days on Market | 73 | -16.0% |
Demographics — Homewood, AL
As of the latest ACS Survey released in 2023, Homewood, AL has a population of 1,380, which has decreased by -12.1% over the past 5 years. Homewood, AL is a moderately popular place for families, as children make up 15.9% of the population. The area has a poorly educated workforce, with 9.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | -12.1% |
% Under 18 | 15.9% | -9.1% |
% Seniors | 23.3% | -2.1% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 9.2% | -48.9% |
Homewood, AL lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.7% | 5.3% |
% Black | 6.3% | -55.3% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Homewood, AL
According to HUD data as of 2023, there were 18 mortgage originations in Homewood, AL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Homewood, AL. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Homewood, AL
Homewood, 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 | $960 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,910 |
Affordability — Homewood, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $48,800 |