Hope Hull, AL—36043
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hope Hull, AL
As of Oct '25, the median home price in Hope Hull, AL is $236,000, with a year-over-year change of 2.1%. This indicates that home prices in Hope Hull, AL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | 2.1% |
| Single Family | $236,000 | 2.6% |
| 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 | $265,000 | 2.7% |
4 Bed | $359,000 | 2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hope Hull, AL
Hope Hull, 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 — Hope Hull, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hope Hull, AL is 50. This is a increase of 19.0% 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 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 | $380,000 | 32.0% |
Listing Count | 12 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 50 | 19.0% |
Demographics — Hope Hull, AL
As of the latest ACS Survey released in 2023, Hope Hull, AL has a population of 3,230, which has decreased by -11.2% over the past 5 years. Hope Hull, AL is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,230 | -11.2% |
% Under 18 | 15.6% | -17.0% |
% Seniors | 17.7% | -33.2% |
% WFH | 2.8% | -39.1% |
% w/ College Degree | 21.7% | -7.7% |
As of the latest ACS Survey released in 2023, Hope Hull, AL is a predominantly white area, with 53.7% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Hope Hull, AL is black, making up 36.0% of the population. Foreign-born residents account for 5.3% of the population in Hope Hull, AL, and this percentage has increased by 89.3% 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 | 53.7% | -0.9% |
% Black | 36.0% | -7.9% |
% Hispanic | 9.3% | 50.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 5.3% | 89.3% |
Mortgage and Risk — Hope Hull, AL
According to HUD data as of 2023, there were 66 mortgage originations in Hope Hull, AL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Hope Hull, AL. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Hope Hull, AL
Hope Hull, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Hope Hull, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $236,000 |
| Median Household Income | $84,600 |