Meridianville, AL

Full City Profile · Alabama · Madison County County

4.5 /5.0
A+ Excellent
10,268 Population 660/sq mi density
$93,030 Median Income $45,649 per capita
$271,800 Home Value $329,557 Zillow
$983 Median Rent 24.2% income on rent
63°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Economy
4.4 / 5.0
$93,030 median income, 5.0% unemployment
A+
Affordability
5.0 / 5.0
$271,800 home value, $983/mo rent
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher

Housing Overview

Median Home Value
$271,800
4% below
US avg: $281,900
Median Rent
$983/mo
15% below
US avg: $1,163/mo
Homeownership Rate
93.9%
44% above US avg (65.4%)
Total Housing Units
3,535
Median year built: 2005

Home Value by Source

Census Median
$271,800
Zillow (ZHVI)
$329,557
Redfin Median Sale
$343,000
Median Sale Price
$343,000
Median List Price
$364,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.9%
Owner-Occupied
6.1%
Renter-Occupied
94%
6%
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: $983/mo · Zillow rent: $1,767/mo

Market Indicators (Redfin)

Median Sale Price
$343,000
Median Days on Market
112 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$156
Active Inventory
130
homes for sale

Affordability & Housing Stock

Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
93.9%

Complete Housing Data

Home Values

Census Median Value$271,800
Zillow Home Value (ZHVI)$329,557
Redfin Median Sale$343,000
Median Sale Price$343,000
Median List Price$364,900
Price Per Sq Ft$156

Rent

Census Median Rent$983
Zillow Rent (ZORI)$1,767
FMR Studio$716
FMR 1-Bedroom$772
FMR 2-Bedroom$936
FMR 3-Bedroom$1,206
FMR 4-Bedroom$1,381

Market

Days on Market112
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold18
Active Inventory130
Price Per Sq Ft$156

Ownership & Stock

Owner-Occupied93.9%
Renter-Occupied6.1%
Homeownership Rate93.9%
Total Housing Units3,535
Median Year Built2005
Rent Burden24.2%