Marshall County, Alabama Housing Market

In Marshall County, Alabama, the median home value is $201,500, with a median monthly rent of $795. This places Marshall County at #1382 nationally out of 3134 counties by median home value, and #12 within Alabama.

Median Home Value $201,500
Median Rent $795/mo
Owner Occupancy 75.8%
Price/Rent Ratio 21.1

📈 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 Marshall County rose +1.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

34,379
jobs (private sector)
  • Avg weekly wage: $943
  • Establishments: 2,531
  • BLS QCEW, 2025
🏗️

Housing Supply

222
new units authorized (2025)
  • Single-family: 216
  • Multi-family: 6
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1709
net migration (filers, 2021-2022)
  • Inflow: 35,318 (avg $68,619)
  • Outflow: 33,609 (avg $68,383)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Marshall County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 35754 291.9 +24.95% 2025
2 35175 238.3 -14.35% 2025
3 35747 297.4 +9.04% 2025
4 35950 236.8 +5.50% 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 Marshall County Compares

MetricMarshall CountyAlabama AverageU.S. Average
Median Home Value $201,500 $159,659 $227,706
Median Gross Rent $795 $820 $968
Owner Occupancy Rate 75.8% 73.2% 73.3%
Price/Rent Ratio 21.1 16.0 18.7

Market Analysis

The median home value in Marshall County is 26.2% above the Alabama state average and 11.5% below the U.S. national average. The median rent of $795/month is 3.0% below the state average.

With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Marshall County has an owner-occupancy rate of 75.8%, 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
Navajo County Arizona $201,500 $858
Liberty County Georgia $201,500 $1,246
Finney County Kansas $201,400 $1,048
Callaway County Missouri $201,600 $887
Petroleum County Montana $201,400 $800

Other Counties in Alabama

CountyMedian Home ValueMedian RentOwner Occ.
Lauderdale County $200,300 $838 68.9%
Cullman County $199,100 $908 76.6%
Autauga County $207,200 $1,263 77.1%
Morgan County $212,000 $864 72.7%
Mobile County $190,700 $1,052 66.0%

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).