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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Valley, AL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Valley, AL Housing Market Trends

With a population of 10,323, 3,977 total housing units (homes and apartments), and a median house value of $209,740, house prices in Valley are solidly below the national average.

Single-family detached homes are the single most common housing type in Valley, accounting for 66.07% of the city's housing units. Other types of housing that are prevalent in Valley include large apartment complexes or high rise apartments ( 26.13%), mobile homes or trailers ( 5.19%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.46%).

People in Valley primarily live in small (one, two or no bedroom) single-family detached homes. Valley has a mixture of owner-occupied and renter-occupied housing.

Valley homes and real estate are some of the newest in America. 30.83% of Valley's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Valley real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 27.98%), and between 1970-1999 ( 24.88%). There's also some housing in Valley built before 1939 ( 16.32%).

Vacant housing appears to be an issue in Valley. Fully 18.37% of the housing stock is classified as vacant. Left unchecked, vacant Valley homes and apartments can be a drag on the real estate market, holding Valley real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Valley Home Appreciation Rates

Real estate appreciation rates in Valley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.74% during the period.

NeighborhoodScout's data show that during the latest twelve months, Valley's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, Valley's appreciation rate has been 1.28%, which annualizes to a rate of 5.24%.

Relative to Alabama, our data show that Valley's latest annual appreciation rate is lower than 50% of the other cities and towns in Alabama.

Average Home Values

Median Home Value

$209,740

Valley, AL Home Prices
> $1,407,000
$1,055,001 - $1,407,000
$704,001 - $1,055,000
$563,001 - $704,000
$422,001 - $563,000
$281,001 - $422,000
$141,001 - $281,000
$70,001 - $141,000
$0 - $70,000
0.0%
0.0%
0.4%
0.4%
0.4%
0.4%
1.9%
1.9%
7.3%
7.3%
15.3%
15.3%
36.7%
36.7%
26.1%
26.1%
11.8%
11.8%
0% 100.0%
% of Homes
Average

for Alabama

Low

for nation

Number of Homes And Apartments:

3,977

Valley Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,529 / per month

Homeownership Rate

Owners
Renters
62.8%
62.8%
37.2%
37.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
18.4%
18.4%
81.6%
81.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
30.8%
30.8%
24.9%
24.9%
28.0%
28.0%
16.3%
16.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.1%
66.1%
0.1%
0.1%
2.5%
2.5%
26.1%
26.1%
5.2%
5.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
8.6%
8.6%
5.7%
5.7%
36.0%
36.0%
34.9%
34.9%
11.7%
11.7%
3.1%
3.1%
0% 100.0%
% of Homes