Henagar, AL—35978
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Henagar, AL
Home Price Trends — Henagar, AL
Henagar, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | 0.8% |
| Single Family | $191,000 | 0.5% |
| 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 | $217,000 | 2.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Henagar, AL
Henagar, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Henagar, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Henagar, AL is 67. This is a increase of 4.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $191,000 | -35.0% |
Listing Count | 13 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 67 | 4.0% |
Demographics — Henagar, AL
As of the latest ACS Survey released in 2023, Henagar, AL has a population of 5,960, which has increased by 24.5% over the past 5 years. Henagar, AL is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,960 | 24.5% |
% Under 18 | 26.7% | 21.9% |
% Seniors | 15.9% | -12.2% |
% WFH | 4.4% | -38.0% |
% w/ College Degree | 8.8% | -24.8% |
As of the latest ACS Survey released in 2023, Henagar, AL is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Henagar, AL is hispanic, making up 3.0% of the population. Foreign-born residents account for 0.2% of the population in Henagar, AL, and this percentage has decreased by 89.5% 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 | 88.4% | -7.2% |
% Black | 0.0% | N/A |
% Hispanic | 3.0% | 25.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.2% | -89.5% |
Mortgage and Risk — Henagar, AL
According to HUD data as of 2023, there were 60 mortgage originations in Henagar, AL, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Henagar, AL. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Henagar, AL
Henagar, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Henagar, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $191,000 |
| Median Household Income | $52,500 |