Coden, AL—36523
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coden, AL
As of Oct '25, the median home price in Coden, AL is $152,000, with a year-over-year change of -4.0%. This indicates that home prices in Coden, AL are decreasing. 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 | $152,000 | -4.0% |
| Single Family | $152,000 | -3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | -3.5% |
3 Bed | $216,000 | -2.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Coden, AL
Coden, 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 — Coden, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Coden, AL is 58. This is a decrease of -45.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $347,000 | 9.0% |
Listing Count | 22 | 33.0% |
| Listings as % of Homes | 0.5% | 33.0% |
Days on Market | 58 | -45.0% |
Demographics — Coden, AL
As of the latest ACS Survey released in 2023, Coden, AL has a population of 2,650, which has decreased by -8.3% over the past 5 years. Coden, AL is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,650 | -8.3% |
% Under 18 | 23.6% | 18.0% |
% Seniors | 20.3% | 23.8% |
% WFH | 7.9% | 33.9% |
% w/ College Degree | 19.1% | 103.2% |
As of the latest ACS Survey released in 2023, Coden, AL is a predominantly white area, with 81.0% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Coden, AL is hispanic, making up 11.5% of the population. Foreign-born residents account for 2.8% of the population in Coden, AL, and this percentage has increased by Inf% 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 | 81.0% | -10.8% |
% Black | 3.7% | -43.1% |
% Hispanic | 11.5% | 447.6% |
% Asian | 0.3% | ∞% |
% Foreign Born | 2.8% | ∞% |
Mortgage and Risk — Coden, AL
According to HUD data as of 2023, there were 39 mortgage originations in Coden, AL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Coden, AL. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Coden, AL
Coden, 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 | $930 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,470 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Coden, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $152,000 |
| Median Household Income | $58,000 |