Meridianville, AL—35759
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Meridianville, AL
As of Oct '25, the median home price in Meridianville, AL is $328,000, with a year-over-year change of 2.3%. This indicates that home prices in Meridianville, AL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 2.3% |
| Single Family | $328,000 | 2.2% |
| 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 | $285,000 | 1.1% |
4 Bed | $365,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Meridianville, AL
As of July '25, Rentcast reports the average rent in Meridianville, AL is $1,900, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Meridianville, AL is 1-bedrooms: $1,250, 2-bedrooms: $1,530, 3-bedrooms: $1,780, 4-bedrooms: $2,050. The most common rental property sizes in Meridianville, AL are 3-bedroom and 2-bedroom, accounting for 42.5% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,880 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $1,400 | $1,530 |
| 3 Bed Rent | $1,770 | $1,780 |
| 4 Bed Rent | $2,000 | $2,050 |
% of Rental Stock
Property Listings — Meridianville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Meridianville, AL is 96. This is a increase of 15.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | -2.0% |
Listing Count | 220 | 64.0% |
| Listings as % of Homes | 3.1% | 64.0% |
Days on Market | 96 | 15.0% |
Demographics — Meridianville, AL
As of the latest ACS Survey released in 2023, Meridianville, AL has a population of 12,400, which has increased by 63.5% over the past 5 years. Meridianville, AL is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | 63.5% |
% Under 18 | 20.8% | -8.0% |
% Seniors | 14.2% | 2.2% |
% WFH | 23.1% | 463.4% |
% w/ College Degree | 39.6% | 3.7% |
As of the latest ACS Survey released in 2023, Meridianville, AL is a predominantly white area, with 61.5% 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 Meridianville, AL is black, making up 23.1% of the population. Foreign-born residents account for 6.2% of the population in Meridianville, AL, and this percentage has increased by 82.4% 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 | 61.5% | -9.6% |
% Black | 23.1% | -4.5% |
% Hispanic | 4.1% | 141.2% |
% Asian | 2.2% | 15.8% |
% Foreign Born | 6.2% | 82.4% |
Mortgage and Risk — Meridianville, AL
According to HUD data as of 2023, there were 665 mortgage originations in Meridianville, AL, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Meridianville, AL. Investor activity is low, as 2.0% 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 | 665 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Meridianville, AL
As of 2024, the percent of homes in Meridianville, AL under the Section 8 program is 17.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Meridianville, AL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 104 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 17.3% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,250 | $1,400 |
| 2 Bedroom | $230 | $1,400 | $1,630 |
| 3 Bedroom | $350 | $1,770 | $2,120 |
| 4 Bedroom | $530 | $2,000 | $2,530 |
Affordability — Meridianville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $328,000 |
| Median Household Income | $98,400 |