Wilmer, AL—36587
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wilmer, AL
As of Oct '25, the median home price in Wilmer, AL is $199,000, with a year-over-year change of -1.1%. This indicates that home prices in Wilmer, 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 | $199,000 | -1.1% |
| Single Family | $200,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $119,000 | -7.8% |
3 Bed | $207,000 | -1.0% |
4 Bed | $293,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wilmer, AL
As of July '25, Rentcast reports the average rent in Wilmer, AL is $1,780, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Wilmer, AL is 3-bedrooms: $1,750, 4-bedrooms: $1,900. The most common rental property sizes in Wilmer, AL are 3-bedroom and 4-bedroom, accounting for 50.5% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $1,750 |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Wilmer, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Wilmer, AL is 64. This is a decrease of -12.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | 7.0% |
Listing Count | 22 | 43.0% |
| Listings as % of Homes | 0.3% | 43.0% |
Days on Market | 64 | -12.0% |
Demographics — Wilmer, AL
As of the latest ACS Survey released in 2023, Wilmer, AL has a population of 12,000, which has increased by 27.1% over the past 5 years. Wilmer, AL is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | 27.1% |
% Under 18 | 25.7% | 28.5% |
% Seniors | 14.9% | -13.4% |
% WFH | 8.2% | 110.3% |
% w/ College Degree | 12.7% | 10.4% |
As of the latest ACS Survey released in 2023, Wilmer, AL is a predominantly white area, with 93.1% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Wilmer, AL is black, making up 2.4% of the population. Foreign-born residents account for 0.8% of the population in Wilmer, AL, and this percentage has decreased by 33.3% 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 | 93.1% | 3.4% |
% Black | 2.4% | -54.7% |
% Hispanic | 1.9% | -17.4% |
% Asian | 0.1% | -92.9% |
% Foreign Born | 0.8% | -33.3% |
Mortgage and Risk — Wilmer, AL
According to HUD data as of 2023, there were 137 mortgage originations in Wilmer, AL, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Wilmer, AL. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Wilmer, AL
Wilmer, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | -$590 | $1,900 | $1,310 |
| 4 Bedroom | -$560 | $1,900 | $1,340 |
Affordability — Wilmer, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $199,000 |
| Median Household Income | $69,400 |