Calera, AL 35040 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Calera, AL—35040

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$257,000

1.0% YoY Growth

Household Income

$80,300

25.9% YoY Growth

Days on Market

21.0% Shorter YoY

Home Price Forecast

-0.7%

Median Rent

$1,650

1.2% YoY Growth

1-Bed Rent

$1,170

N/A

2-Bed Rent

$1,400

29.1% YoY Growth

3-Bed Rent

$1,620

3.8% YoY Growth

Home Price Trends — Calera, AL

As of May '26, the median home price in Calera, AL is $257,000, with a year-over-year change of 1.0%. This indicates that home prices in Calera, AL are flat. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$257,000	1.0%
Single Family	$257,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

8.6%

2 Bedrooms

27.3%

3 Bedrooms

50.3%

4 Bedrooms

13.7%

Property Listings — Calera, AL

As of May '26, Realtor.com reports that the median days on market for a home in Calera, AL is 49. This is a decrease of -21.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$270,000	5.0%
Listing Count	200	-3.0%
Listings as % of Homes	1.4%	-3.0%
Days on Market	49	-21.0%

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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%

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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%

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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%

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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

Calera, AL—35040

Key Metrics at a Glance

Home Price Trends — Calera, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Calera, AL

% of Rental Stock

Property Listings — Calera, AL

Demographics — Calera, AL

Race and Ethnicity

Mortgage and Risk — Calera, AL

Mortgages

Rentals and Section 8 — Calera, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Calera, AL

Home Price to Income Ratio

Calera, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Jemison, AL

Alabaster, AL

Columbiana, AL

Montevallo, AL

Shelby, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$257,000
Median Household Income	$80,300

Calera, AL—35040

Key Metrics at a Glance

Home Price Trends — Calera, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Calera, AL

% of Rental Stock

Property Listings — Calera, AL

Demographics — Calera, AL

Race and Ethnicity

Mortgage and Risk — Calera, AL

Mortgages

Rentals and Section 8 — Calera, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Calera, AL

Home Price to Income Ratio

Calera, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Jemison, AL

Alabaster, AL

Columbiana, AL

Montevallo, AL

Shelby, AL

Frequently Asked Questions

What is the average home price in Calera, AL 35040?

How have home prices in Calera, AL 35040 changed over the past year?

What is the home price projection for Calera, AL 35040?

What are the demographics of Calera, AL 35040?

How long does it take homes to sell in Calera, AL 35040?

What is the average rent price in Calera, AL 35040?