Chancellor, AL—36316
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chancellor, AL
As of Nov '25, the median home price in Chancellor, AL is $179,000, with a year-over-year change of -0.2%. This indicates that home prices in Chancellor, AL are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | -0.2% |
| Single Family | $179,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chancellor, AL
Chancellor, 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 — Chancellor, AL
As of Nov '25, Realtor.com reports that the median days on market for a home in Chancellor, AL is 36. This is a decrease of -21.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | -37.0% |
Listing Count | 7 | 6.0% |
| Listings as % of Homes | 0.3% | 6.0% |
Days on Market | 36 | -21.0% |
Demographics — Chancellor, AL
As of the latest ACS Survey released in 2023, Chancellor, AL has a population of 2,200, which has increased by 14.5% over the past 5 years. Chancellor, AL is a moderately popular place for families, as children make up 24.9% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,200 | 14.5% |
% Under 18 | 24.9% | 20.9% |
% Seniors | 13.9% | -7.3% |
% WFH | 2.1% | -27.6% |
% w/ College Degree | 25.7% | 52.1% |
As of the latest ACS Survey released in 2023, Chancellor, AL is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Chancellor, AL is black, making up 14.1% of the population. Foreign-born residents account for 2.5% of the population in Chancellor, AL, and this percentage has increased by 177.8% 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 | 78.7% | -13.6% |
% Black | 14.1% | 166.0% |
% Hispanic | 5.0% | 257.1% |
% Asian | 0.9% | 50.0% |
% Foreign Born | 2.5% | 177.8% |
Mortgage and Risk — Chancellor, AL
According to HUD data as of 2023, there were 47 mortgage originations in Chancellor, AL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Chancellor, AL. Investor activity is low, as 4.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 2.0% |
Rentals and Section 8 — Chancellor, AL
Chancellor, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $670 |
| 2 Bedroom | N/A | N/A | $860 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Chancellor, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $179,000 |
| Median Household Income | $74,400 |