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Red Bay city, AL

ZIP 35582 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 35582

Median Home Value
$113,800
Median Rent
$428
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$731/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 35582 in Red Bay city, AL, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $731. That sits below the local median household income ($40,147), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
66.8%+2% vs US avg
x
Vacancy Rate
15.9%+55% vs US avg
x
Broadband Access
75.7%-13% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
10.5%-18% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
49.4%+29% vs US avg
x
$113,800
Home Value
$428
Rent
1975
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.4%
  • 1-unit attached0.3%
  • 2-9 units11.7%
  • 10+ units2.9%
  • Mobile home & other12.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$113,800
Median rent$428
Owner-occupied66.8%
Vacant15.9%
Price-to-income2.8x
Est. income to buy$31,000