Fort Mitchell, AL—36856
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Mitchell, AL
As of Oct '25, the median home price in Fort Mitchell, AL is $306,000, with a year-over-year change of 4.0%. This indicates that home prices in Fort Mitchell, AL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $306,000 | 4.0% |
| Single Family | $306,000 | 3.7% |
| 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 | $240,000 | 5.3% |
4 Bed | $298,000 | 3.8% |
| 5 Bed | $371,000 | 2.2% |
% of Housing Stock
Rental Trends — Fort Mitchell, AL
As of July '25, Rentcast reports the average rent in Fort Mitchell, AL is $1,800, with a year-over-year rent change of -11.8%. Per bedroom, the median rent as of July '25 in Fort Mitchell, AL is 3-bedrooms: $1,290, 4-bedrooms: $1,980. The most common rental property sizes in Fort Mitchell, AL are 4-bedroom and 3-bedroom, accounting for 43.4% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,880 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,290 |
| 4 Bed Rent | $2,000 | $1,980 |
% of Rental Stock
Property Listings — Fort Mitchell, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Mitchell, AL is 47. This is a increase of 5.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | 1.0% |
Listing Count | 61 | 16.0% |
| Listings as % of Homes | 1.2% | 16.0% |
Days on Market | 47 | 5.0% |
Demographics — Fort Mitchell, AL
As of the latest ACS Survey released in 2023, Fort Mitchell, AL has a population of 8,820, which has increased by 19.0% over the past 5 years. Fort Mitchell, AL is a popular place for families, as children make up 34.1% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,820 | 19.0% |
% Under 18 | 34.1% | 8.3% |
% Seniors | 9.8% | 22.5% |
% WFH | 9.7% | 70.2% |
% w/ College Degree | 20.5% | -33.0% |
As of the latest ACS Survey released in 2023, Fort Mitchell, AL is a predominantly black area, with 54.1% of the population identifying as black. The black population has grown by 16.8% in the last 5 years. The second most common race or ethnicity in Fort Mitchell, AL is white, making up 31.7% of the population. Foreign-born residents account for 2.7% of the population in Fort Mitchell, AL, and this percentage has decreased by 38.6% 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 | 31.7% | -16.1% |
% Black | 54.1% | 16.8% |
% Hispanic | 12.6% | 14.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | -38.6% |
Mortgage and Risk — Fort Mitchell, AL
According to HUD data as of 2023, there were 274 mortgage originations in Fort Mitchell, AL, of which 14.0% of loans were conventional mortgages. The average loan-to-value was 91.0%, with 76.0% above 90% LTV (very high). This implies large mortgage risk in Fort Mitchell, AL. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 274 |
% Conventional Loans | 14.0% |
% Government Loans | 86.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fort Mitchell, AL
Fort Mitchell, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,190 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | $460 | $1,400 | $1,860 |
| 4 Bedroom | $360 | $2,000 | $2,360 |
Affordability — Fort Mitchell, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $306,000 |
| Median Household Income | $68,600 |