Prattville, AL—36067
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Prattville, AL
Home Price Trends — Prattville, AL
As of Oct '25, the median home price in Prattville, AL is $230,000, with a year-over-year change of 3.0%. This indicates that home prices in Prattville, AL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | 3.0% |
| Single Family | $230,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $128,000 | 5.8% |
3 Bed | $211,000 | 3.9% |
4 Bed | $297,000 | 3.1% |
| 5 Bed | $428,000 | 2.9% |
% of Housing Stock
Rental Trends — Prattville, AL
As of July '25, Rentcast reports the average rent in Prattville, AL is $1,660, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Prattville, AL is 1-bedrooms: $1,140, 2-bedrooms: $1,040, 3-bedrooms: $1,610, 4-bedrooms: $1,980. The most common rental property sizes in Prattville, AL are 3-bedroom and 2-bedroom, accounting for 43.2% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,640 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $1,140 |
| 2 Bed Rent | $995 | $1,040 |
| 3 Bed Rent | $1,600 | $1,610 |
| 4 Bed Rent | $1,980 | $1,980 |
% of Rental Stock
Property Listings — Prattville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Prattville, AL is 45. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | 10.0% |
Listing Count | 79 | 2.0% |
| Listings as % of Homes | 0.3% | 2.0% |
Days on Market | 45 | -6.0% |
Demographics — Prattville, AL
As of the latest ACS Survey released in 2023, Prattville, AL has a population of 27,400, which has decreased by -4.8% over the past 5 years. Prattville, AL is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | -4.8% |
% Under 18 | 23.8% | -4.8% |
% Seniors | 16.2% | 15.7% |
% WFH | 4.9% | 58.1% |
% w/ College Degree | 21.9% | -0.5% |
As of the latest ACS Survey released in 2023, Prattville, AL is a predominantly white area, with 71.7% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Prattville, AL is black, making up 20.1% of the population. Foreign-born residents account for 1.4% of the population in Prattville, AL, and this percentage has decreased by 17.6% 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 | 71.7% | 0.4% |
% Black | 20.1% | -6.9% |
% Hispanic | 3.8% | -9.5% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 1.4% | -17.6% |
Mortgage and Risk — Prattville, AL
According to HUD data as of 2023, there were 491 mortgage originations in Prattville, AL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Prattville, AL. Investor activity is low, as 2.0% 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 | 491 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Prattville, AL
As of 2024, the percent of homes in Prattville, AL under the Section 8 program is 2.7%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Prattville, AL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 173 |
Total Units Section 8 | 66 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 98.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $145 | $775 | $920 |
| 2 Bedroom | $95 | $995 | $1,090 |
| 3 Bedroom | -$210 | $1,600 | $1,390 |
| 4 Bedroom | -$260 | $1,980 | $1,720 |
Affordability — Prattville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $230,000 |
| Median Household Income | $64,800 |