Northport, AL35476

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$191,000
5.2% YoY Growth
Household Income
$59,500
66.4% YoY Growth
Days on Market
56
27.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$1,500
49.5% YoY Growth
1-Bed Rent
$925
N/A
2-Bed Rent
$1,350
43.4% YoY Growth
3-Bed Rent
$1,750
31.8% YoY Growth

Other Zip Codes in Northport, AL

Property Listings — Northport, AL

As of Nov '25, Realtor.com reports that the median days on market for a home in Northport, AL is 56. This is a increase of 27.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$271,00010.0%
Listing Count
2730.0%
Listings as % of Homes0.4%30.0%
Days on Market
5627.0%
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Demographics — Northport, AL

As of the latest ACS Survey released in 2023, Northport, AL has a population of 8,570, which has increased by 14.7% over the past 5 years. Northport, AL is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,57014.7%
% Under 18
26.4%14.3%
% Seniors
17.2%-3.4%
% WFH
4.0%37.9%
% w/ College Degree
23.1%-4.1%
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As of the latest ACS Survey released in 2023, Northport, AL is a predominantly black area, with 49.8% of the population identifying as black. The black population has grown by 4.8% in the last 5 years. The second most common race or ethnicity in Northport, AL is white, making up 40.3% of the population. Foreign-born residents account for 4.6% of the population in Northport, AL, and this percentage has increased by 70.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
40.3%-13.1%
% Black
49.8%4.8%
% Hispanic
7.9%49.1%
% Asian
0.0%-100.0%
% Foreign Born
4.6%70.4%
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Mortgage and Risk — Northport, AL

According to HUD data as of 2023, there were 68 mortgage originations in Northport, AL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Northport, AL. Investor activity is high, as 16.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
68
% Conventional Loans
69.0%
% Government Loans
31.0%
% Investor Loans
16.0%
% Second Loans
4.0%
% Cash Out Refinance
9.0%
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Rentals and Section 8 — Northport, AL

As of 2024, the percent of homes in Northport, AL under the Section 8 program is 10.8%. 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
583
Total Units Section 8
208
% Rentals under Section 8
10.8%
% Occupied Section 8
85.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$35$925$890
2 Bedroom-$250$1,350$1,100
3 Bedroom-$350$1,750$1,400
4 Bedroom-$120$1,580$1,460

Affordability — Northport, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$191,000
Median Household Income$59,500

Northport, AL — ZIP Code Boundary Map

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Frequently Asked Questions