Homewood, AL
Full City Profile · Alabama · Jefferson County County
3.8
/5.0
B+
Good
27,697
Population
3,353/sq mi density
$108,386
Median Income
$51,880 per capita
$502,300
Home Value
$541,889 Zillow
$1,457
Median Rent
30.7% income on rent
64°F
Avg Temperature
304 sunny days/yr
259
Violent Crime/100K
3,992 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$108,386 median income, 1.4% unemployment
A
Affordability
4.1 / 5.0
$502,300 home value, $1,457/mo rent
F
Safety
1.0 / 5.0
259 violent crimes/100K
A+
Education
5.0 / 5.0
69.9% bachelor's degree or higher
Housing Overview
Median Home Value
$502,300
78% above
US avg: $281,900
Median Rent
$1,457/mo
25% above
US avg: $1,163/mo
Homeownership Rate
64.4%
2% below US avg (65.4%)
Total Housing Units
10,945
Median year built: 1970
Home Value by Source
Census Median
$502,300
Zillow (ZHVI)
$541,889
Median Sale Price
$492,000
Median List Price
$525,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.4%
Owner-Occupied
35.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$1,457/mo
· Zillow rent:
$1,478/mo
Market Indicators (Redfin)
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
24
Price Drops
18.5%
of listings with price reduction
Price Per Sq Ft
$288
Active Inventory
65
homes for sale
Affordability & Housing Stock
Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
64.4%
Complete Housing Data
Home Values
| Census Median Value | $502,300 |
| Zillow Home Value (ZHVI) | $541,889 |
| Median Sale Price | $492,000 |
| Median List Price | $525,000 |
| Price Per Sq Ft | $288 |
Rent
| Census Median Rent | $1,457 |
| Zillow Rent (ZORI) | $1,478 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
| Days on Market | 34 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.5% |
| Homes Sold | 24 |
| Active Inventory | 65 |
| Price Per Sq Ft | $288 |
Ownership & Stock
| Owner-Occupied | 64.4% |
| Renter-Occupied | 35.6% |
| Homeownership Rate | 64.4% |
| Total Housing Units | 10,945 |
| Median Year Built | 1970 |
| Rent Burden | 30.7% |
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