West End-Cobb Town, AL36201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$64,000
5.1% YoY Growth
Median Household Income
$33,800
18.8% 5-Year Growth
Days on Market
67
24.0% Shorter than last year
Home Price Forecast
-1.9%
Median Rent
$725
5.6% YoY Growth
1-Bed Rent
$600
15.0% YoY Growth
2-Bed Rent
$750
23.6% YoY Growth
3-Bed Rent
$950
3.0% YoY Growth

Property Listings — West End-Cobb Town, AL

As of Aug '25 and according to Realtor.com, the median days on market for a home in West End-Cobb Town, AL is 67. This is an decrease of -24.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$97,4009.0%
Listing Count
48N/A
Listings as % of Homes0.6%N/A
Days on Market
67-24.0%
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Demographics — West End-Cobb Town, AL

MetricLatest CensusYoY % Change
Population
17,400-3.6%
% Under 18
19.0%-14.0%
% Under 5N/AN/A
% Seniors
20.3%24.5%
% WFH
2.7%42.1%
% w/ College Degree
5.8%-12.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
47.0%-7.7%
% Black
46.0%2.0%
% Hispanic
3.0%87.5%
% Asian
0.3%50.0%
% Foreign Born
2.0%185.7%
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Mortgage and Risk — West End-Cobb Town, AL

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in West End-Cobb Town, AL in that year was 136. 61.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 71.0%. Of those, 38.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in West End-Cobb Town, AL. Investor activity in West End-Cobb Town, AL is low, as 7.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
136N/AN/A
% Conventional Loans
61.0%N/AN/A
% Government Loans
39.0%N/AN/A
% Investor Loans
7.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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Rentals and Section 8 — West End-Cobb Town, AL

As of 2024, the percent of homes in West End-Cobb Town, AL under the Section 8 program is 13.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
841
Total Units Section 8
393
% Rentals under Section 8
13.5%
% Occupied Section 8
85.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$40$600$640
2 Bedroom$80$750$830
3 Bedroom$190$950$1,140
4 Bedroom-$170$1,400$1,230

Affordability — West End-Cobb Town, AL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2N/AN/A
Median Home Price$64,000N/AN/A
Median Household Income$33,800N/AN/A

West End-Cobb Town, AL — ZIP Code Boundary Map

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