Opelika, AL 36804 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Opelika, AL—36804

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$314,000

2.1% YoY Growth

Household Income

$57,800

19.0% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$1,700

3.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,000

39.6% YoY Growth

3-Bed Rent

$1,300

9.3% YoY Growth

Other Zip Codes in Opelika, AL

36801

Home Price Trends — Opelika, AL

As of Dec '25, the median home price in Opelika, AL is $314,000, with a year-over-year change of 2.1%. This indicates that home prices in Opelika, AL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$314,000	2.1%
Single Family	$316,000	2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Opelika, AL

As of July '25, Rentcast reports the average rent in Opelika, AL is $1,740, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in Opelika, AL is 2-bedrooms: $1,100, 3-bedrooms: $1,470, 4-bedrooms: $2,420. The most common rental property sizes in Opelika, AL are 3-bedroom and 2-bedroom, accounting for 49.2% and 38.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,740
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,000	$1,100
3 Bed Rent	$1,300	$1,470
4 Bed Rent	$2,400	$2,420

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% of Rental Stock

1 Bedroom

0.7%

2 Bedrooms

38.5%

3 Bedrooms

49.2%

4 Bedrooms

11.6%

Property Listings — Opelika, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Opelika, AL is 57. This is a decrease of -10.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$380,000	10.0%
Listing Count	84	-3.0%
Listings as % of Homes	0.9%	-3.0%
Days on Market	62	-3.0%

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Demographics — Opelika, AL

As of the latest ACS Survey released in 2023, Opelika, AL has a population of 19,500, which has increased by 4.8% over the past 5 years. Opelika, AL is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 32.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	19,500	4.8%
% Under 18	22.9%	-2.1%
% Seniors	13.7%	1.5%
% WFH	6.2%	21.6%
% w/ College Degree	32.0%	45.5%

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As of the latest ACS Survey released in 2023, Opelika, AL is a predominantly white area, with 60.5% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Opelika, AL is black, making up 27.1% of the population. Foreign-born residents account for 4.4% of the population in Opelika, AL, and this percentage has increased by 109.5% 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	60.5%	-7.6%
% Black	27.1%	5.0%
% Hispanic	8.5%	88.9%
% Asian	1.0%	-28.6%
% Foreign Born	4.4%	109.5%

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Mortgage and Risk — Opelika, AL

According to HUD data as of 2023, there were 594 mortgage originations in Opelika, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Opelika, AL. Investor activity is low, as 2.0% 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	594
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Opelika, AL

Opelika, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	124
Total Units Section 8	124
% Rentals under Section 8	7.4%
% Occupied Section 8	71.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$820
2 Bedroom	-$10	$1,000	$990
3 Bedroom	$40	$1,300	$1,340
4 Bedroom	-$830	$2,400	$1,570

Opelika, AL—36804

Key Metrics at a Glance

Other Zip Codes in Opelika, AL

Home Price Trends — Opelika, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Opelika, AL

% of Rental Stock

Property Listings — Opelika, AL

Demographics — Opelika, AL

Race and Ethnicity

Mortgage and Risk — Opelika, AL

Mortgages

Rentals and Section 8 — Opelika, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Opelika, AL

Home Price to Income Ratio

Opelika, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Salem, AL

Auburn, AL

Woodfield

Opelika, AL

Phenix City, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.9
Median Home Price	$314,000
Median Household Income	$57,800

Opelika, AL—36804

Key Metrics at a Glance

Other Zip Codes in Opelika, AL

Home Price Trends — Opelika, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Opelika, AL

% of Rental Stock

Property Listings — Opelika, AL

Demographics — Opelika, AL

Race and Ethnicity

Mortgage and Risk — Opelika, AL

Mortgages

Rentals and Section 8 — Opelika, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Opelika, AL

Home Price to Income Ratio

Opelika, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Salem, AL

Auburn, AL

Woodfield

Opelika, AL

Phenix City, AL

Frequently Asked Questions

What is the average home price in Opelika, AL 36804?

How have home prices in Opelika, AL 36804 changed over the past year?

What is the home price projection for Opelika, AL 36804?

What are the demographics of Opelika, AL 36804?

How long does it take homes to sell in Opelika, AL 36804?

What is the average rent price in Opelika, AL 36804?