Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | St. Clair County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $227,232 | $158,589 | $242,182 |
| Price Trend (Annual %) | 19.8% | 7.1% | 8.2% |
| Median Gross Rent | $1,077 | $962 | $1,342 |
| Rent Trend (Annual %) | 6.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Clair County is about 43% higher than in Alabama. Rent is about 12% higher than the Alabama average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in St. Clair County, up about 19.8% and 6.4% a year respectively. Home prices are changing faster.
Median rent in St. Clair County rose about 54.2% between 2015 and 2023, from $698 to $1,077. Over the same span, rent in Alabama rose about 34.2%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in St. Clair County.
Buying the median-priced home in St. Clair County costs roughly 17.6 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 St. Clair County. The price-to-rent ratio in Alabama is about 13.7.
| Metric | St. Clair County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $227,232 | $158,589 | $242,182 |
| Median Household Income | $78,241 | $62,318 | $78,145 |
| Price-to-Income Ratio | 2.9 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. Clair County rose about 182.2%, while median household income rose about 61.6% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | St. Clair County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.5% | 59.5% | 58.2% |
| Rental Rate | 15.6% | 25.6% | 31.3% |
| Vacancy Rate | 10.8% | 15.0% | 10.6% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
St. Clair County has a homeownership rate of 73.5%, higher than the Alabama average of 59.5%. Its housing vacancy rate is 10.8%, compared with 15.0% in Alabama.
Housing Stock
| Metric | St. Clair County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.50 people | 2.54 people |
| Median Structure Built Year | 1992 | 1985 | 1978 |
| Median Number of Rooms | 6.1 | 5.8 | 5.5 |
The typical housing unit in St. Clair County was built around 1992. On average, 2.6 people live in a home with about 6.1 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. Clair County, Alabama.
What is the median home price in St. Clair County, Alabama?
The median home price in St. Clair County, Alabama is $227,232, higher than the Alabama average of $158,589.
What is the average home price in St. Clair County, Alabama?
The typical home price in %s, reported as the median sale price, is %s. 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 St. Clair County, Alabama?
The median gross rent in St. Clair County, Alabama is $1,077 per month, higher than the Alabama average of $962.
What was the median gross rent in St. Clair County in 2020?
In 2020, the median gross rent in St. Clair County, Alabama was $879 per month.
What is the price-to-rent ratio in St. Clair County, Alabama?
The price-to-rent ratio in St. Clair County, Alabama is about 17.6, meaning it would take roughly 17.6 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 St. Clair County.
Are home prices or rent rising faster in St. Clair County, Alabama?
Both home prices and rent are rising in St. Clair County, up about 19.8% and 6.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in St. Clair County, Alabama?
73.5% of households in St. Clair County, Alabama own their home, higher than the Alabama average of 59.5%.
What is the vacancy rate in St. Clair County, Alabama?
The housing vacancy rate in St. Clair County, Alabama is 10.8%, lower than the Alabama average of 15.0%.