Satsuma, AL36572

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$238,000
0.9% YoY Growth
Median Household Income
$93,800
48.2% 5-Year Growth
Days on Market
62
34.0% Longer than last year
Home Price Forecast
-0.1%
Median Rent
$1,750
10.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,750
3.0% YoY Growth

Property Listings — Satsuma, AL

As of Aug '25 and according to Realtor.com, the median days on market for a home in Satsuma, AL is 62. This is an increase of 34.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$265,000-5.0%
Listing Count
26N/A
Listings as % of Homes0.3%N/A
Days on Market
6234.0%
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Demographics — Satsuma, AL

MetricLatest CensusYoY % Change
Population
6,82010.6%
% Under 18
19.9%-6.1%
% Under 5N/AN/A
% Seniors
20.9%12.4%
% WFH
7.5%150.0%
% w/ College Degree
27.9%64.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.9%-2.1%
% Black
5.8%-47.7%
% Hispanic
3.8%322.2%
% Asian
1.9%∞%
% Foreign Born
4.7%487.5%
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Mortgage and Risk — Satsuma, 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 Satsuma, AL in that year was 151. 64.0% 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 65.0%. Of those, 36.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Satsuma, AL. Investor activity in Satsuma, AL is low, as 2.0% 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
151N/AN/A
% Conventional Loans
64.0%N/AN/A
% Government Loans
36.0%N/AN/A
% Investor Loans
2.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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Rentals and Section 8 — Satsuma, AL

As of 2024, the percent of homes in Satsuma, AL under the Section 8 program is 3.5%. 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
16
Total Units Section 8
15
% Rentals under Section 8
3.5%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,100
2 BedroomN/AN/A$1,320
3 Bedroom-$10$1,750$1,740
4 BedroomN/AN/A$1,770

Affordability — Satsuma, AL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.3N/AN/A
Median Home Price$238,000N/AN/A
Median Household Income$93,800N/AN/A

Satsuma, AL — ZIP Code Boundary Map

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