Fruitdale, AL—36539
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fruitdale, AL
Fruitdale, 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 — Fruitdale, AL
Fruitdale, 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 — Fruitdale, AL
Fruitdale, AL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | 117 | N/A |
Demographics — Fruitdale, AL
As of the latest ACS Survey released in 2023, Fruitdale, AL has a population of 435, which has decreased by -46.2% over the past 5 years. Fruitdale, AL is a popular place for families, as children make up 32.4% of the population. The area has a poorly educated workforce, with 18.1% 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 | 435 | -46.2% |
% Under 18 | 32.4% | 53.6% |
% Seniors | 29.4% | 94.7% |
% WFH | 0.0% | N/A |
% w/ College Degree | 18.1% | 90.5% |
As of the latest ACS Survey released in 2023, Fruitdale, AL is a predominantly white area, with 93.6% of the population identifying as white. The white population has grown by 10.2% in the last 5 years. The second most common race or ethnicity in Fruitdale, AL is black, making up 6.4% of the population. Foreign-born residents account for 0.0% of the population in Fruitdale, AL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.6% | 10.2% |
% Black | 6.4% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Fruitdale, AL
According to HUD data as of 2023, there were 25 mortgage originations in Fruitdale, AL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Fruitdale, AL. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Fruitdale, AL
Fruitdale, 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 | $1,000 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Fruitdale, 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 | N/A |