Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$158,376
$1,131

Housing Market Overview

Metric Jefferson County Alabama Avg US Average
Median Home Price $158,376 $158,589 $242,182
Price Trend (Annual %) 8.0% 7.1% 8.2%
Median Gross Rent $1,131 $962 $1,342
Rent Trend (Annual %) 4.7% 4.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Jefferson County
Alabama
United States
Year Jefferson County Alabama United States
Median Rent Over Time
Jefferson County
Alabama
United States
Year Jefferson County Alabama United States

Affordability

On average, housing unit costs 2.4 yearly household incomes in Jefferson County.

Metric Jefferson County Alabama Avg US Average
Median Home Price $158,376 $158,589 $242,182
Median Household Income $64,995 $62,318 $78,145
Price-to-Income Ratio 2.4 2.5 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Jefferson County Alabama Avg US Average
Homeownership Rate 55.4% 59.5% 58.2%
Rental Rate 31.5% 25.6% 31.3%
Vacancy Rate 13.1% 15.0% 10.6%
Median Tenure (years) 15.0 16.0 15.0
Median Year Moved In 2011 2010 2011

Housing Stock

Metric Jefferson County Alabama Avg US Average
Average Household Size 2.41 people 2.50 people 2.54 people
Median Structure Built Year 1976 1985 1978
Median Number of Rooms 5.8 5.8 5.5