Walker County, Alabama Housing Market Prices
Walker 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 1% above the Alabama median$161,951
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Median rent 25% below the Alabama median$756
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Walker County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $161,951 | $160,474 | $248,835 |
| Price Trend (Annual %) | 36.7% | 6.3% | 7.5% |
| Median Gross Rent | $756 | $1,007 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Walker County is about 1% higher than in Alabama. Rent is about 25% 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 Walker County, up about 36.7% and 2.8% a year respectively. Home prices are changing faster.
Median rent in Walker County rose about 29.5% between 2015 and 2024, from $583 to $756. Over the same span, rent in Alabama rose about 40.5%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Walker County.
Buying the median-priced home in Walker County costs roughly 17.9 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 Walker County. The price-to-rent ratio in Alabama is about 13.3.
| Metric | Walker County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $161,951 | $160,474 | $248,835 |
| Median Household Income | $56,232 | $64,544 | $80,455 |
| Price-to-Income Ratio | 2.9 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Walker County rose about 261.5%, while median household income rose about 44.3% between 2009 and 2025 — 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 | Walker County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.7% | 60.0% | 58.5% |
| Rental Rate | 19.9% | 25.5% | 31.2% |
| Vacancy Rate | 16.4% | 14.5% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Walker County has a homeownership rate of 63.7%, higher than the Alabama average of 60.0%. Its housing vacancy rate is 16.4%, compared with 14.5% in Alabama.
Housing Stock
| Metric | Walker County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1982 | 1985 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Walker County was built around 1982. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 19.0 years on average.
Walker County, AL Housing Compared With Nearby Counties
Walker County, AL is the 4th largest of the 6 counties compared here, 64,822 residents against a local median of 90,566. Walker County, AL's median home price, at $161,951, runs 32% above the $122,715 typical of the counties around it.
Median rent tells the same story from another angle: $756 against a local median of $908, 17% below it. The counties themselves spread $234,173 on median home price, so Walker County, AL sits at one end of an already wide local range rather than apart from it. Walker County, AL has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Walker County, AL | 64,822 | $161,951 #2/6 | $756 #5/6 | 76.1% #3/6 |
| Winston County, AL | 23,682 | $13,275 | $802 | 75.8% |
| Fayette County, AL | 16,053 | $97,142 | $667 | 78.4% |
| Jefferson County, AL | 666,272 | $122,715 | $1,193 | 63.9% |
| Cullman County, AL | 90,566 | $147,187 | $908 | 76.6% |
| Tuscaloosa County, AL | 237,556 | $247,448 | $1,037 | 61.4% |
Frequently Asked Questions
Common questions about the housing market in Walker County, Alabama.
What is the median home price in Walker County, Alabama?
The median home price in Walker County, Alabama is $161,951, higher than the Alabama average of $160,474.
What is the average home price in Walker County, Alabama?
The typical home price in Walker County, Alabama, reported as the median sale price, is $161,951. 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 Walker County, Alabama?
The median gross rent in Walker County, Alabama is $756 per month, lower than the Alabama average of $1,007.
What was the median gross rent in Walker County in 2020?
In 2020, the median gross rent in Walker County, Alabama was $639 per month.
What is the price-to-rent ratio in Walker County, Alabama?
The price-to-rent ratio in Walker County, Alabama is about 17.9, meaning it would take roughly 17.9 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 Walker County.
Are home prices or rent rising faster in Walker County, Alabama?
Both home prices and rent are rising in Walker County, up about 36.7% and 2.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Walker County, Alabama?
63.7% of households in Walker County, Alabama own their home, higher than the Alabama average of 60.0%.
What is the vacancy rate in Walker County, Alabama?
The housing vacancy rate in Walker County, Alabama is 16.4%, higher than the Alabama average of 14.5%.
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