Smiths Station, AL—36877
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smiths Station, AL
As of Oct '25, the median home price in Smiths Station, AL is $275,000, with a year-over-year change of 1.7%. This indicates that home prices in Smiths Station, AL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | 1.7% |
| Single Family | $275,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $247,000 | 2.1% |
4 Bed | $365,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smiths Station, AL
As of July '25, Rentcast reports the average rent in Smiths Station, AL is $1,930, with a year-over-year rent change of 28.7%. Per bedroom, the median rent as of July '25 in Smiths Station, AL is 1-bedrooms: $1,110, 3-bedrooms: $1,800, 4-bedrooms: $2,130. The most common rental property sizes in Smiths Station, AL are 2-bedroom and 3-bedroom, accounting for 40.1% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,110 | $1,110 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $2,300 | $2,130 |
% of Rental Stock
Property Listings — Smiths Station, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Smiths Station, AL is 57. This is a increase of 21.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $387,000 | -1.0% |
Listing Count | 80 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 57 | 21.0% |
Demographics — Smiths Station, AL
As of the latest ACS Survey released in 2023, Smiths Station, AL has a population of 12,900, which has decreased by -1.4% over the past 5 years. Smiths Station, AL is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | -1.4% |
% Under 18 | 25.8% | 15.2% |
% Seniors | 13.5% | -10.0% |
% WFH | 8.8% | 114.6% |
% w/ College Degree | 25.2% | 29.2% |
As of the latest ACS Survey released in 2023, Smiths Station, AL is a predominantly white area, with 68.6% of the population identifying as white. The white population has shrunk by 15.6% in the last 5 years. The second most common race or ethnicity in Smiths Station, AL is black, making up 21.6% of the population. Foreign-born residents account for 2.8% of the population in Smiths Station, AL, and this percentage has increased by 133.3% 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 | 68.6% | -15.6% |
% Black | 21.6% | 83.1% |
% Hispanic | 4.0% | 29.0% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 2.8% | 133.3% |
Mortgage and Risk — Smiths Station, AL
According to HUD data as of 2023, there were 254 mortgage originations in Smiths Station, AL, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Smiths Station, AL. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 254 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Smiths Station, AL
Smiths Station, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,110 | $1,060 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | -$190 | $1,800 | $1,610 |
| 4 Bedroom | -$580 | $2,300 | $1,720 |
Affordability — Smiths Station, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $275,000 |
| Median Household Income | $68,600 |