Newbern, AL36765

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$140,000
10.5% YoY Growth
Median Household Income
$52,100
169.4% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
0.2%
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 — Newbern, AL

Newbern, AL lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Newbern, AL

As of the latest ACS Survey released in 2023, Newbern, AL has a population of 680, which has decreased by -45.1% over the past 5 years. Newbern, AL is a less popular place for families, as children make up 11.6% of the population. The area has a poorly educated workforce, with 5.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
680-45.1%
% Under 18
11.6%-37.0%
% Seniors
55.1%56.5%
% WFH
0.0%-100.0%
% w/ College Degree
5.9%34.1%
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As of the latest ACS Survey released in 2023, Newbern, AL is a predominantly black area, with 82.4% of the population identifying as black. The black population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Newbern, AL is white, making up 17.6% of the population. Foreign-born residents account for 0.0% of the population in Newbern, 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

MetricLatest Census5-Year % Change
% White
17.6%-7.4%
% Black
82.4%3.9%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Newbern, AL

According to HUD data as of 2023, there were 11 mortgage originations in Newbern, AL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Newbern, AL. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
11
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Newbern, AL

Newbern, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$820
2 BedroomN/AN/A$1,020
3 BedroomN/AN/A$1,280
4 BedroomN/AN/A$1,350

Affordability — Newbern, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$140,000
Median Household Income$52,100

Newbern, AL — ZIP Code Boundary Map

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Frequently Asked Questions