Prichard, AL—36610
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prichard, AL
As of Oct '25, the median home price in Prichard, AL is $33,000, with a year-over-year change of -17.4%. This indicates that home prices in Prichard, 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 | $33,000 | -17.4% |
| Single Family | $33,000 | -17.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $31,000 | -18.4% |
3 Bed | $41,000 | -19.6% |
4 Bed | $51,000 | -10.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Prichard, AL
As of July '25, Rentcast reports the average rent in Prichard, AL is $1,120, with a year-over-year rent change of -13.8%. Per bedroom, the median rent as of July '25 in Prichard, AL is 3-bedrooms: $1,050, 4-bedrooms: $1,250. The most common rental property sizes in Prichard, AL are 2-bedroom and 3-bedroom, accounting for 51.7% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $900 | $1,050 |
| 4 Bed Rent | $1,250 | $1,250 |
% of Rental Stock
Property Listings — Prichard, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Prichard, AL is 55. This is a decrease of -34.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $62,000 | 7.0% |
Listing Count | 26 | 26.0% |
| Listings as % of Homes | 0.3% | 26.0% |
Days on Market | 55 | -34.0% |
Demographics — Prichard, AL
As of the latest ACS Survey released in 2023, Prichard, AL has a population of 9,690, which has decreased by -9.0% over the past 5 years. Prichard, AL is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,690 | -9.0% |
% Under 18 | 23.1% | -5.3% |
% Seniors | 17.7% | -2.7% |
% WFH | 3.7% | -9.8% |
% w/ College Degree | 8.8% | 6.0% |
As of the latest ACS Survey released in 2023, Prichard, AL is a predominantly black area, with 98.6% of the population identifying as black. The black population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Prichard, AL is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.0% of the population in Prichard, 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 | 1.3% | 8.3% |
% Black | 98.6% | 0.6% |
% Hispanic | 1.4% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Prichard, AL
According to HUD data as of 2023, there were 20 mortgage originations in Prichard, AL, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Prichard, AL. Investor activity is low, as 15.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 15.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Prichard, AL
Prichard, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 885 |
Total Units Section 8 | 560 |
% Rentals under Section 8 | 28.1% |
% Occupied Section 8 | 89.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | $410 | $900 | $1,310 |
| 4 Bedroom | $90 | $1,250 | $1,340 |
Affordability — Prichard, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.3 |
| Median Home Price | $33,000 |
| Median Household Income | $27,100 |