Flomaton, AL—36441
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Flomaton, AL
Flomaton, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $133,000 | -1.9% |
| Single Family | $133,000 | -0.7% |
| 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 | $166,000 | 0.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Flomaton, AL
Flomaton, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Flomaton, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Flomaton, AL is 48. This is a increase of 27.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | 22.0% |
Listing Count | 20 | 93.0% |
| Listings as % of Homes | 0.4% | 93.0% |
Days on Market | 48 | 27.0% |
Demographics — Flomaton, AL
As of the latest ACS Survey released in 2023, Flomaton, AL has a population of 3,440, which has decreased by -16.3% over the past 5 years. Flomaton, AL is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,440 | -16.3% |
% Under 18 | 27.8% | 2.6% |
% Seniors | 15.7% | -6.0% |
% WFH | 2.2% | 100.0% |
% w/ College Degree | 19.5% | 119.1% |
As of the latest ACS Survey released in 2023, Flomaton, AL is a predominantly white area, with 73.5% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Flomaton, AL is black, making up 19.8% of the population. Foreign-born residents account for 0.1% of the population in Flomaton, AL, and this percentage has decreased by 85.7% 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 | 73.5% | -5.0% |
% Black | 19.8% | 15.1% |
% Hispanic | 0.2% | -93.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -85.7% |
Mortgage and Risk — Flomaton, AL
According to HUD data as of 2023, there were 44 mortgage originations in Flomaton, AL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Flomaton, AL. Investor activity is low, as 5.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Flomaton, AL
Flomaton, 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 | 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 | $690 |
| 2 Bedroom | N/A | N/A | $820 |
| 3 Bedroom | -$170 | $1,200 | $1,030 |
| 4 Bedroom | N/A | N/A | $1,180 |
Affordability — Flomaton, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $133,000 |
| Median Household Income | $42,600 |