Bayou La Batre, AL36509

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$92,000
0.8% YoY Growth
Median Household Income
$35,000
7.4% 5-Year Growth
Days on Market
75
N/A
Home Price Forecast
-0.5%
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 — Bayou La Batre, AL

Bayou La Batre, AL lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$173,000120.0%
Listing Count
4500.0%
Listings as % of Homes0.5%500.0%
Days on Market
75N/A
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Demographics — Bayou La Batre, AL

As of the latest ACS Survey released in 2023, Bayou La Batre, AL has a population of 1,460, which has decreased by -29.6% over the past 5 years. Bayou La Batre, AL is a moderately popular place for families, as children make up 21.0% 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 8.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,460-29.6%
% Under 18
21.0%-12.1%
% Seniors
18.9%61.5%
% WFH
8.9%-4.3%
% w/ College Degree
10.4%100.0%
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As of the latest ACS Survey released in 2023, Bayou La Batre, AL is a predominantly white area, with 49.6% of the population identifying as white. The white population has grown by 13.2% in the last 5 years. The second most common race or ethnicity in Bayou La Batre, AL is asian, making up 33.1% of the population. Foreign-born residents account for 12.9% of the population in Bayou La Batre, AL, and this percentage has decreased by 22.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
49.6%13.2%
% Black
5.3%-59.5%
% Hispanic
1.2%-82.6%
% Asian
33.1%6.1%
% Foreign Born
12.9%-22.8%
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Mortgage and Risk — Bayou La Batre, AL

According to HUD data as of 2023, there were 25 mortgage originations in Bayou La Batre, AL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Bayou La Batre, AL. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
25
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
0.0%
% Second Loans
8.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Bayou La Batre, AL

Bayou La Batre, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
63
Total Units Section 8
44
% Rentals under Section 8
26.3%
% Occupied Section 8
91.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,310
4 BedroomN/AN/A$1,340

Affordability — Bayou La Batre, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$92,000
Median Household Income$35,000

Bayou La Batre, AL — ZIP Code Boundary Map

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Frequently Asked Questions