Coffee County, Alabama Housing Market
In Coffee County, Alabama, the median home value is $188,600, with a median monthly rent of $1,018. This places Coffee County at #1536 nationally out of 3134 counties by median home value, and #16 within Alabama.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $912
- Establishments: 1,354
- BLS QCEW, 2025
Housing Supply
- Single-family: 198
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 20,274 (avg $69,877)
- Outflow: 17,900 (avg $71,354)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Coffee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 36360 | 193.9 | -3.16% | 2025 |
| 2 | 36079 | 206.2 | +9.80% | 2025 |
| 3 | 36330 | 216.1 | +5.61% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
📝 Local Market Notes
Coffee County, Alabama, functions as a balanced market leaning toward buyer advantage, characterized by a price-to-income ratio of 2.76, which is significantly below the national average of 3.20. The price-to-rent ratio stands at 15.4, well under the national benchmark of 18.7, indicating that purchasing remains substantially more economical than renting. This structural affordability is reinforced by a median home value of $188,600, which sits 17.2% below the national average, despite median household income of $68,353 being nearly identical to the national mean. The market’s relative strength is evident in its outperformance of the state, where home values exceed the Alabama average by 18.1%. Recent price appreciation has moderated from a peak year-over-year increase of 11.2% in 2023 to 4.6% in 2024, reflecting a stabilization phase. The FHFA House Price Index confirms this cooling trend, showing a 5.08% year-over-year gain in 2025, which outpaces the state’s 2.79% growth by 2.29 percentage points. However, a notable divergence exists in the rental sector, where rents are rising faster than home values. The median gross rent of $1,018 per month results in a rent burden of 17.9%, slightly exceeding the national average of 17.2%. This suggests that while asset values are stabilizing, the cost of temporary housing is experiencing continued pressure, potentially driven by demographic shifts rather than speculative housing investment. The local economic foundation supports sustained demand through positive net migration of 2,374 filers between 2021 and 2022, with an average income of $69,877 for incoming residents. Employment data indicates a stable labor market with 14,803 jobs and an average weekly wage of $912. Housing supply remains constrained, with only 198 new single-family units authorized in 2025 and zero multi-family construction, limiting new inventory to meet growing population needs. The current 30-year fixed mortgage rate of 7.40% introduces financing headwinds, yet the low entry price point mitigates this impact for qualified buyers. For potential participants, the data suggests that ownership offers superior long-term value compared to renting, given the lower price-to-rent multiple and the county’s consistent outperformance relative to state-level price growth. The combination of robust migration, limited new supply, and strong relative affordability positions Coffee County as a resilient market within the broader Alabama housing landscape.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Coffee County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Coffee County →How Coffee County Compares
| Metric | Coffee County | Alabama Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $188,600 | $159,659 | $227,706 |
| Median Gross Rent | $1,018 | $820 | $968 |
| Owner Occupancy Rate | 72.3% | 73.2% | 73.3% |
| Price/Rent Ratio | 15.4 | 16.0 | 18.7 |
Market Analysis
The median home value in Coffee County is 18.1% above the Alabama state average and 17.2% below the U.S. national average. The median rent of $1,018/month is 24.1% above the state average.
With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Coffee County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Coffee County has an owner-occupancy rate of 72.3%, compared to 73.2% in Alabama and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| San Miguel County | New Mexico | $188,500 | $823 |
| Boone County | Arkansas | $188,900 | $733 |
| Black Hawk County | Iowa | $188,900 | $989 |
| Kalkaska County | Michigan | $188,900 | $853 |
| Coos County | New Hampshire | $188,900 | $876 |
Other Counties in Alabama
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Mobile County | $190,700 | $1,052 | 66.0% |
| Houston County | $183,300 | $945 | 63.8% |
| Randolph County | $181,600 | $708 | 77.2% |
| Cherokee County | $179,700 | $762 | 81.1% |
| Cullman County | $199,100 | $908 | 76.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).