Killen, AL—35645
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Killen, AL
As of Nov '25, the median home price in Killen, AL is $255,000, with a year-over-year change of -1.4%. This indicates that home prices in Killen, AL are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | -1.4% |
| Single Family | $256,000 | -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 | $166,000 | 3.1% |
3 Bed | $264,000 | 1.5% |
4 Bed | $366,000 | 1.4% |
| 5 Bed | $500,110 | 0.9% |
% of Housing Stock
Rental Trends — Killen, AL
As of July '25, Rentcast reports the average rent in Killen, AL is $1,120, with a year-over-year rent change of -14.5%. Per bedroom, the median rent as of July '25 in Killen, AL is 1-bedrooms: $688, 2-bedrooms: $925, 3-bedrooms: $1,930. The most common rental property sizes in Killen, AL are 2-bedroom and 3-bedroom, accounting for 45.9% and 42.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $688 |
| 2 Bed Rent | $900 | $925 |
| 3 Bed Rent | $1,700 | $1,930 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Killen, AL
As of Nov '25, Realtor.com reports that the median days on market for a home in Killen, AL is 67. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $353,000 | 6.0% |
Listing Count | 89 | -13.0% |
| Listings as % of Homes | 1.0% | -13.0% |
Days on Market | 67 | 0.0% |
Demographics — Killen, AL
As of the latest ACS Survey released in 2023, Killen, AL has a population of 13,800, which has decreased by -1.8% over the past 5 years. Killen, AL is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,800 | -1.8% |
% Under 18 | 22.1% | 6.2% |
% Seniors | 18.9% | -8.3% |
% WFH | 9.7% | 321.7% |
% w/ College Degree | 29.7% | 18.8% |
As of the latest ACS Survey released in 2023, Killen, AL is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Killen, AL is black, making up 3.1% of the population. Foreign-born residents account for 3.2% of the population in Killen, AL, and this percentage has increased by 88.2% 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 | 90.6% | -4.3% |
% Black | 3.1% | 82.4% |
% Hispanic | 3.0% | 36.4% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 3.2% | 88.2% |
Mortgage and Risk — Killen, AL
According to HUD data as of 2023, there were 384 mortgage originations in Killen, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Killen, AL. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 384 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Rentals and Section 8 — Killen, AL
Killen, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $675 | $750 |
| 2 Bedroom | $80 | $900 | $980 |
| 3 Bedroom | -$500 | $1,700 | $1,200 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Killen, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $255,000 |
| Median Household Income | $80,100 |