Henry County, Alabama Housing Market
In Henry County, Alabama, the median home value is $161,000, with a median monthly rent of $769. This places Henry County at #2000 nationally out of 3134 counties by median home value, and #28 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: $1,161
- Establishments: 392
- BLS QCEW, 2025
Housing Supply
- Single-family: 100
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,558 (avg $80,629)
- Outflow: 6,125 (avg $80,916)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Henry County Compares
| Metric | Henry County | Alabama Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $161,000 | $159,659 | $227,706 |
| Median Gross Rent | $769 | $820 | $968 |
| Owner Occupancy Rate | 79.5% | 73.2% | 73.3% |
| Price/Rent Ratio | 17.4 | 16.0 | 18.7 |
Market Analysis
The median home value in Henry County is 0.8% above the Alabama state average and 29.3% below the U.S. national average. The median rent of $769/month is 6.2% below the state average.
With a price-to-rent ratio of 17.4, the buy-vs-rent decision in Henry County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Henry County has an owner-occupancy rate of 79.5%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Clarke County | Iowa | $161,100 | $931 |
| Stone County | Mississippi | $161,100 | $936 |
| Chariton County | Missouri | $160,900 | $567 |
| Blair County | Pennsylvania | $161,100 | $885 |
| Tioga County | New York | $160,800 | $928 |
Other Counties in Alabama
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Chilton County | $161,300 | $871 | 76.9% |
| Washington County | $159,700 | $655 | 85.8% |
| Jackson County | $159,500 | $780 | 75.1% |
| Tallapoosa County | $158,500 | $765 | 76.1% |
| Pike County | $157,600 | $856 | 61.3% |
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).