Auburn, AL—36832
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Auburn, AL
Home Price Trends — Auburn, AL
As of Oct '25, the median home price in Auburn, AL is $364,000, with a year-over-year change of 4.8%. This indicates that home prices in Auburn, AL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | 4.8% |
| Single Family | $400,000 | 2.8% |
| Condos | $281,000 | 7.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $283,000 | 6.4% |
3 Bed | $345,000 | 3.3% |
4 Bed | $444,000 | 3.3% |
| 5 Bed | $536,000 | 1.5% |
% of Housing Stock
Rental Trends — Auburn, AL
As of July '25, Rentcast reports the average rent in Auburn, AL is $1,890, with a year-over-year rent change of 22.7%. Per bedroom, the median rent as of July '25 in Auburn, AL is 1-bedrooms: $933, 2-bedrooms: $1,380, 3-bedrooms: $1,640, 4-bedrooms: $2,380. The most common rental property sizes in Auburn, AL are 3-bedroom and 2-bedroom, accounting for 31.5% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $933 |
| 2 Bed Rent | $1,400 | $1,380 |
| 3 Bed Rent | $1,500 | $1,640 |
| 4 Bed Rent | $2,400 | $2,380 |
% of Rental Stock
Property Listings — Auburn, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Auburn, AL is 76. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | 0.0% |
Listing Count | 115 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 76 | 13.0% |
Demographics — Auburn, AL
As of the latest ACS Survey released in 2023, Auburn, AL has a population of 30,000, which has increased by 22.4% over the past 5 years. Auburn, AL is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 50.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,000 | 22.4% |
% Under 18 | 21.0% | 32.9% |
% Seniors | 6.5% | 25.0% |
% WFH | 7.3% | 92.1% |
% w/ College Degree | 50.1% | 19.9% |
As of the latest ACS Survey released in 2023, Auburn, AL is a predominantly white area, with 58.7% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Auburn, AL is black, making up 26.4% of the population. Foreign-born residents account for 7.9% of the population in Auburn, AL, and this percentage has decreased by 3.7% 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 | 58.7% | -1.2% |
% Black | 26.4% | -10.8% |
% Hispanic | 5.7% | 18.8% |
% Asian | 6.0% | 17.6% |
% Foreign Born | 7.9% | -3.7% |
Mortgage and Risk — Auburn, AL
According to HUD data as of 2023, there were 463 mortgage originations in Auburn, AL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Auburn, AL. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 463 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 8.0% |
% Second Loans | 21.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Auburn, AL
As of 2024, the percent of homes in Auburn, AL under the Section 8 program is 7.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Auburn, AL, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 434 |
Total Units Section 8 | 410 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $850 | $1,010 |
| 2 Bedroom | -$230 | $1,400 | $1,170 |
| 3 Bedroom | $30 | $1,500 | $1,530 |
| 4 Bedroom | -$770 | $2,400 | $1,630 |
Affordability — Auburn, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $364,000 |
| Median Household Income | $35,000 |