Marshall County, Alabama Housing Market Prices
Marshall County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 11% above the Alabama median More expensive than 73% of counties in Alabama$178,269
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Median rent 21% below the Alabama median$794
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marshall County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $178,269 | $160,474 | $248,835 |
| Price Trend (Annual %) | 2.8% | 6.3% | 7.5% |
| Median Gross Rent | $794 | $1,007 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marshall County is about 11% higher than in Alabama. Rent is about 21% lower than the Alabama average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Marshall County, up about 2.8% and 3.5% a year respectively. Rent is changing faster.
Median rent in Marshall County rose about 33.9% between 2015 and 2024, from $593 to $794. Over the same span, rent in Alabama rose about 40.5%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Marshall County.
Buying the median-priced home in Marshall County costs roughly 18.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Marshall County. The price-to-rent ratio in Alabama is about 13.3.
| Metric | Marshall County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $178,269 | $160,474 | $248,835 |
| Median Household Income | $64,170 | $64,544 | $80,455 |
| Price-to-Income Ratio | 2.8 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marshall County rose about 13.6%, while median household income rose about 59.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Marshall County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.1% | 60.0% | 58.5% |
| Rental Rate | 21.2% | 25.5% | 31.2% |
| Vacancy Rate | 12.7% | 14.5% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Marshall County has a homeownership rate of 66.1%, higher than the Alabama average of 60.0%. Its housing vacancy rate is 12.7%, compared with 14.5% in Alabama.
Housing Stock
| Metric | Marshall County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.71 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1987 | 1985 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Marshall County was built around 1987. On average, 2.7 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Marshall County, AL Housing Compared With Nearby Counties
Marshall County, AL is the 3rd largest of the 6 counties compared here, 99,748 residents against a local median of 72,266. Where Marshall County, AL breaks from the counties next to it is median home price, sitting 132% above the local median of $76,817 at $178,269.
The counties themselves spread $157,093 on median home price, so Marshall County, AL sits at one end of an already wide local range rather than apart from it. Marshall County, AL has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marshall County, AL | 99,748 | $178,269 #2/6 | $794 #3/6 | 75.8% #3/6 |
| Etowah County, AL | 103,105 | $116,112 | $846 | 73.9% |
| Madison County, AL | 405,488 | $198,391 | $1,208 | 68.3% |
| Blount County, AL | 59,518 | $76,817 | $775 | 81.0% |
| DeKalb County, AL | 72,266 | $58,790 | $692 | 78.3% |
| Jackson County, AL | 53,053 | $41,299 | $779 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Marshall County, Alabama.
What is the median home price in Marshall County, Alabama?
The median home price in Marshall County, Alabama is $178,269, higher than the Alabama average of $160,474.
What is the average home price in Marshall County, Alabama?
The typical home price in Marshall County, Alabama, reported as the median sale price, is $178,269. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Marshall County, Alabama?
The median gross rent in Marshall County, Alabama is $794 per month, lower than the Alabama average of $1,007.
What was the median gross rent in Marshall County in 2020?
In 2020, the median gross rent in Marshall County, Alabama was $650 per month.
What is the price-to-rent ratio in Marshall County, Alabama?
The price-to-rent ratio in Marshall County, Alabama is about 18.7, meaning it would take roughly 18.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Marshall County.
Are home prices or rent rising faster in Marshall County, Alabama?
Both home prices and rent are rising in Marshall County, up about 2.8% and 3.5% a year respectively. Rent is changing faster.
What is the homeownership rate in Marshall County, Alabama?
66.1% of households in Marshall County, Alabama own their home, higher than the Alabama average of 60.0%.
What is the vacancy rate in Marshall County, Alabama?
The housing vacancy rate in Marshall County, Alabama is 12.7%, lower than the Alabama average of 14.5%.
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