Calera, AL—35040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Calera, AL
As of Oct '25, the median home price in Calera, AL is $252,000, with a year-over-year change of -0.1%. This indicates that home prices in Calera, AL are flat. 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 | $252,000 | -0.1% |
| Single Family | $252,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $180,000 | 2.3% |
3 Bed | $240,000 | 0.8% |
4 Bed | $294,000 | 0.7% |
| 5 Bed | $348,000 | 0.3% |
% of Housing Stock
Rental Trends — Calera, AL
As of July '25, Rentcast reports the average rent in Calera, AL is $1,650, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Calera, AL is 1-bedrooms: $1,170, 2-bedrooms: $1,420, 3-bedrooms: $1,640, 4-bedrooms: $1,890. The most common rental property sizes in Calera, AL are 3-bedroom and 2-bedroom, accounting for 50.3% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,170 | $1,170 |
| 2 Bed Rent | $1,400 | $1,420 |
| 3 Bed Rent | $1,620 | $1,640 |
| 4 Bed Rent | $1,870 | $1,890 |
% of Rental Stock
Property Listings — Calera, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Calera, AL is 44. This is a increase of 10.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $289,000 | 5.0% |
Listing Count | 194 | 10.0% |
| Listings as % of Homes | 1.4% | 10.0% |
Days on Market | 44 | 10.0% |
Demographics — Calera, AL
As of the latest ACS Survey released in 2023, Calera, AL has a population of 18,800, which has increased by 9.8% over the past 5 years. Calera, AL is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 33.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | 9.8% |
% Under 18 | 26.9% | -4.9% |
% Seniors | 9.2% | -4.2% |
% WFH | 10.7% | 234.4% |
% w/ College Degree | 33.9% | 16.5% |
As of the latest ACS Survey released in 2023, Calera, AL is a predominantly white area, with 59.0% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Calera, AL is black, making up 29.7% of the population. Foreign-born residents account for 5.7% of the population in Calera, AL, and this percentage has increased by 54.1% 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 | 59.0% | -13.6% |
% Black | 29.7% | 17.4% |
% Hispanic | 8.6% | 132.4% |
% Asian | 0.9% | 0.0% |
% Foreign Born | 5.7% | 54.1% |
Mortgage and Risk — Calera, AL
According to HUD data as of 2023, there were 672 mortgage originations in Calera, AL, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Calera, AL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 672 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Calera, AL
As of 2024, the percent of homes in Calera, AL under the Section 8 program is 1.5%. 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. In Calera, AL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 147 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,170 | $1,470 |
| 2 Bedroom | $240 | $1,400 | $1,640 |
| 3 Bedroom | $430 | $1,620 | $2,050 |
| 4 Bedroom | $440 | $1,870 | $2,310 |
Affordability — Calera, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $252,000 |
| Median Household Income | $80,300 |