Northport, AL—35473
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northport, AL
As of Oct '25, the median home price in Northport, AL is $261,000, with a year-over-year change of 1.4%. This indicates that home prices in Northport, AL are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $261,000 | 1.4% |
| Single Family | $263,000 | 1.5% |
| 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 | $264,000 | 2.3% |
4 Bed | $324,000 | 1.9% |
| 5 Bed | $356,000 | -0.6% |
% of Housing Stock
Rental Trends — Northport, AL
As of July '25, Rentcast reports the average rent in Northport, AL is $1,730, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Northport, AL is studios: $932, 1-bedrooms: $1,050, 2-bedrooms: $1,470, 3-bedrooms: $1,800, 4-bedrooms: $2,350. The most common rental property sizes in Northport, AL are 1-bedroom and 2-bedroom, accounting for 34.1% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,730 |
| Studio Rent | $864 | $932 |
| 1 Bed Rent | $955 | $1,050 |
| 2 Bed Rent | $1,620 | $1,470 |
| 3 Bed Rent | $1,850 | $1,800 |
| 4 Bed Rent | $2,500 | $2,350 |
% of Rental Stock
Property Listings — Northport, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Northport, AL is 49. This is a decrease of -5.0% 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 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 | $315,000 | -2.0% |
Listing Count | 66 | -19.0% |
| Listings as % of Homes | 0.8% | -19.0% |
Days on Market | 49 | -5.0% |
Demographics — Northport, AL
As of the latest ACS Survey released in 2023, Northport, AL has a population of 19,100, which has increased by 17.1% over the past 5 years. Northport, AL is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 36.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,100 | 17.1% |
% Under 18 | 21.4% | -7.0% |
% Seniors | 16.9% | 19.9% |
% WFH | 5.0% | 194.1% |
% w/ College Degree | 36.8% | 0.0% |
As of the latest ACS Survey released in 2023, Northport, AL is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Northport, AL is black, making up 19.8% of the population. Foreign-born residents account for 6.0% of the population in Northport, AL, and this percentage has increased by 185.7% 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 | 69.1% | -9.6% |
% Black | 19.8% | 5.3% |
% Hispanic | 8.6% | 91.1% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 6.0% | 185.7% |
Mortgage and Risk — Northport, AL
According to HUD data as of 2023, there were 318 mortgage originations in Northport, AL, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Northport, AL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 318 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Northport, AL
As of 2024, the percent of homes in Northport, AL under the Section 8 program is 7.0%. 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 Northport, AL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 288 |
Total Units Section 8 | 246 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 87.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$65 | $955 | $890 |
| 2 Bedroom | -$520 | $1,620 | $1,100 |
| 3 Bedroom | -$450 | $1,850 | $1,400 |
| 4 Bedroom | -$1,040 | $2,500 | $1,460 |
Affordability — Northport, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $261,000 |
| Median Household Income | $67,200 |