Geneva County, Alabama Housing Market

In Geneva County, Alabama, the median home value is $130,700, with a median monthly rent of $784. This places Geneva County at #2480 nationally out of 3134 counties by median home value, and #44 within Alabama.

Median Home Value $130,700
Median Rent $784/mo
Owner Occupancy 78.1%
Price/Rent Ratio 13.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Geneva County rose +0.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,254
jobs (private sector)
  • Avg weekly wage: $819
  • Establishments: 563
  • BLS QCEW, 2025
🏗️

Housing Supply

20
new units authorized (2025)
  • Single-family: 20
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+615
net migration (filers, 2021-2022)
  • Inflow: 9,191 (avg $52,207)
  • Outflow: 8,576 (avg $52,897)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Geneva County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 36305 206.1 +0.56% 2025
2 36301 190.8 +0.19% 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.

How Geneva County Compares

MetricGeneva CountyAlabama AverageU.S. Average
Median Home Value $130,700 $159,659 $227,706
Median Gross Rent $784 $820 $968
Owner Occupancy Rate 78.1% 73.2% 73.3%
Price/Rent Ratio 13.9 16.0 18.7

Market Analysis

The median home value in Geneva County is 18.1% below the Alabama state average and 42.6% below the U.S. national average. The median rent of $784/month is 4.4% below the state average.

With a price-to-rent ratio of 13.9, buying a home in Geneva County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Geneva County has an owner-occupancy rate of 78.1%, compared to 73.2% in Alabama and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Fayette County Illinois $130,700 $798
Fayette County Indiana $130,700 $791
Boyd County Kentucky $130,700 $849
Clark County Missouri $130,700 $612
Steele County North Dakota $130,700 $738

Other Counties in Alabama

CountyMedian Home ValueMedian RentOwner Occ.
Hale County $127,600 $715 74.4%
Fayette County $125,900 $667 78.4%
Chambers County $135,800 $871 71.8%
Walker County $135,900 $756 76.1%
Franklin County $136,000 $676 72.4%

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).