Crane Hill, AL—35053
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crane Hill, AL
As of Nov '25, the median home price in Crane Hill, AL is $511,000, with a year-over-year change of 5.7%. This indicates that home prices in Crane Hill, AL are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $511,000 | 5.7% |
| Single Family | $507,000 | 5.2% |
| 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 | $560,000 | 4.5% |
4 Bed | $861,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crane Hill, AL
Crane Hill, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crane Hill, AL
As of Nov '25, Realtor.com reports that the median days on market for a home in Crane Hill, AL is 87. This is a decrease of -24.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | -20.0% |
Listing Count | 100 | 56.0% |
| Listings as % of Homes | 1.7% | 56.0% |
Days on Market | 87 | -24.0% |
Demographics — Crane Hill, AL
As of the latest ACS Survey released in 2023, Crane Hill, AL has a population of 2,890, which has increased by 14.7% over the past 5 years. Crane Hill, AL is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,890 | 14.7% |
% Under 18 | 24.3% | 68.8% |
% Seniors | 28.8% | 28.0% |
% WFH | 15.4% | ∞% |
% w/ College Degree | 26.4% | 12.8% |
Crane Hill, AL lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.1% | 0.1% |
% Black | 0.5% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Crane Hill, AL
According to HUD data as of 2023, there were 116 mortgage originations in Crane Hill, AL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Crane Hill, AL. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 116 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 33.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Crane Hill, AL
Crane Hill, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Crane Hill, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $511,000 |
| Median Household Income | $62,200 |