Cullman, AL—35055
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cullman, AL
As of Nov '25, the median home price in Cullman, AL is $246,000, with a year-over-year change of 5.0%. This indicates that home prices in Cullman, AL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 5.0% |
| Single Family | $246,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $159,000 | 3.2% |
3 Bed | $245,000 | 2.9% |
4 Bed | $321,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cullman, AL
As of July '25, Rentcast reports the average rent in Cullman, AL is $1,400, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Cullman, AL is 1-bedrooms: $890, 2-bedrooms: $989, 3-bedrooms: $1,510, 4-bedrooms: $1,730. The most common rental property sizes in Cullman, AL are 2-bedroom and 3-bedroom, accounting for 47.2% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $890 |
| 2 Bed Rent | $950 | $989 |
| 3 Bed Rent | $1,580 | $1,510 |
| 4 Bed Rent | $1,700 | $1,730 |
% of Rental Stock
Property Listings — Cullman, AL
As of Nov '25, Realtor.com reports that the median days on market for a home in Cullman, AL is 66. This is a decrease of -2.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 7.0% |
Listing Count | 170 | 13.0% |
| Listings as % of Homes | 1.0% | 13.0% |
Days on Market | 66 | -2.0% |
Demographics — Cullman, AL
As of the latest ACS Survey released in 2023, Cullman, AL has a population of 23,200, which has increased by 11.2% over the past 5 years. Cullman, AL is a moderately popular place for families, as children make up 22.7% 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 few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,200 | 11.2% |
% Under 18 | 22.7% | -7.3% |
% Seniors | 18.9% | 7.4% |
% WFH | 3.6% | 12.5% |
% w/ College Degree | 26.4% | 28.8% |
As of the latest ACS Survey released in 2023, Cullman, AL is a predominantly white area, with 90.9% of the population identifying as white. The white population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Cullman, AL is hispanic, making up 3.5% of the population. Foreign-born residents account for 2.1% of the population in Cullman, AL, and this percentage has decreased by 57.1% 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 | 90.9% | 4.4% |
% Black | 1.1% | 0.0% |
% Hispanic | 3.5% | -58.8% |
% Asian | 0.2% | -66.7% |
% Foreign Born | 2.1% | -57.1% |
Mortgage and Risk — Cullman, AL
According to HUD data as of 2023, there were 270 mortgage originations in Cullman, AL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Cullman, AL. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 270 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Cullman, AL
Cullman, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 572 |
Total Units Section 8 | 214 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$25 | $725 | $700 |
| 2 Bedroom | -$30 | $950 | $920 |
| 3 Bedroom | -$390 | $1,580 | $1,190 |
| 4 Bedroom | -$320 | $1,700 | $1,380 |
Affordability — Cullman, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $246,000 |
| Median Household Income | $58,500 |