Walker County, Alabama Housing Market

In Walker County, Alabama, the median home value is $135,900, with a median monthly rent of $756. This places Walker County at #2420 nationally out of 3134 counties by median home value, and #42 within Alabama.

Median Home Value $135,900
Median Rent $756/mo
Owner Occupancy 76.1%
Price/Rent Ratio 15.0

📈 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 Walker County rose +10.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

15,804
jobs (private sector)
  • Avg weekly wage: $975
  • Establishments: 1,458
  • BLS QCEW, 2025
🏗️

Housing Supply

12
new units authorized (2025)
  • Single-family: 12
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+670
net migration (filers, 2021-2022)
  • Inflow: 21,792 (avg $72,076)
  • Outflow: 21,122 (avg $72,984)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Walker County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 35503 272.2 +17.21% 2025
2 35504 226.9 +9.85% 2025
3 35501 236.4 +8.78% 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.

📝 Editor's Insight

None

Analyzed on 2026-10-12 using U.S. Census ACS 2024 data and AI reasoning.

How Walker County Compares

MetricWalker CountyAlabama AverageU.S. Average
Median Home Value $135,900 $159,659 $227,706
Median Gross Rent $756 $820 $968
Owner Occupancy Rate 76.1% 73.2% 73.3%
Price/Rent Ratio 15.0 16.0 18.7

Market Analysis

The median home value in Walker County is 14.9% below the Alabama state average and 40.3% below the U.S. national average. The median rent of $756/month is 7.8% below the state average.

With a price-to-rent ratio of 15.0, the buy-vs-rent decision in Walker County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Walker 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
Franklin County Alabama $136,000 $676
Chambers County Alabama $135,800 $871
La Paz County Arizona $135,800 $802
Roosevelt County New Mexico $135,800 $898
Van Buren County Arkansas $135,700 $722

Other Counties in Alabama

CountyMedian Home ValueMedian RentOwner Occ.
Franklin County $136,000 $676 72.4%
Chambers County $135,800 $871 71.8%
Escambia County $136,500 $766 70.9%
Geneva County $130,700 $784 78.1%
Dale County $143,500 $889 61.9%

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).