Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Homewood city, Alabama?
City · Census ACS 5-Year estimates
The median home value in Homewood city, Alabama is $558,500 (±$28,609), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,463/month, and the median household income is $94,485/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Homewood city, Alabama
| Metric | Value |
|---|---|
| Median Home Value | $558,500 |
| Median Gross Rent | $1,463 |
| Median Household Income | $94,485 |
| Total Housing Units | 9,830 |
| Renter-Occupied Units | 3,761 |
| Renter-Occupied Share | 38% |
How does Homewood city, Alabama compare?
Median home value ranked against all cities in Alabama.
Higher home value than 99% of cities in Alabama · 5th of 529
| # | City | Value |
|---|---|---|
| 1 | Mountain Brook city | $916,300 |
| 2 | Point Clear CDP | $867,500 |
| 3 | Shoal Creek CDP | $762,500 |
| … 1 more … | ||
| 5 | Homewood city(you are here) | $558,500 |
| … 521 more … | ||
| 527 | Brantleyville CDP | $33,000 |
| 528 | Hanover CDP | $9,999 |
| 528 | Spring Garden CDP | $9,999 |
More data for Homewood city, Alabama
Frequently asked questions
What is the median home value in Homewood city, Alabama?
The median home value in Homewood city, Alabama is $558,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Homewood city, Alabama?
The median gross rent in Homewood city, Alabama is $1,463/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Homewood city, Alabama?
The median household income in Homewood city, Alabama is $94,485/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $558,500 has a margin of error of ±$28,609. In very small areas, MOEs can be large relative to the estimate.
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