Tallapoosa County, Alabama Housing Market

In Tallapoosa County, Alabama, the median home value is $158,500, with a median monthly rent of $765. This places Tallapoosa County at #2054 nationally out of 3134 counties by median home value, and #31 within Alabama.

Median Home Value $158,500
Median Rent $765/mo
Owner Occupancy 76.1%
Price/Rent Ratio 17.3

📈 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 Tallapoosa County rose +8.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,792
jobs (private sector)
  • Avg weekly wage: $933
  • Establishments: 1,015
  • BLS QCEW, 2025
🏗️

Housing Supply

230
new units authorized (2025)
  • Single-family: 230
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+682
net migration (filers, 2021-2022)
  • Inflow: 15,055 (avg $70,519)
  • Outflow: 14,373 (avg $69,087)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 36861 349.8 +10.39% 2025
2 36853 324.3 +13.19% 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 Tallapoosa County Compares

MetricTallapoosa CountyAlabama AverageU.S. Average
Median Home Value $158,500 $159,659 $227,706
Median Gross Rent $765 $820 $968
Owner Occupancy Rate 76.1% 73.2% 73.3%
Price/Rent Ratio 17.3 16.0 18.7

Market Analysis

The median home value in Tallapoosa County is 0.7% below the Alabama state average and 30.4% below the U.S. national average. The median rent of $765/month is 6.7% below the state average.

With a price-to-rent ratio of 17.3, the buy-vs-rent decision in Tallapoosa County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Tallapoosa County has an owner-occupancy rate of 76.1%, 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
Peoria County Illinois $158,500 $993
Wood County West Virginia $158,500 $822
Greenlee County Arizona $158,600 $648
Scott County Indiana $158,400 $822
Montmorency County Michigan $158,600 $686

Other Counties in Alabama

CountyMedian Home ValueMedian RentOwner Occ.
Pike County $157,600 $856 61.3%
Jackson County $159,500 $780 75.1%
Washington County $159,700 $655 85.8%
Clay County $156,700 $619 79.4%
Calhoun County $156,600 $826 70.3%

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).