Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$193,549+1.6% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$41,957About 0.7× the local median income ($62,086): affordable for a typical household
Days on market65 daysFaster than a year ago: sellers have the edge
Next 12 months+1.6%Zillow expects prices to rise slightly
The typical home in Henry County, AL is worth $193,549, up 1.6% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $211,896, so the area is 8.7% undervalued. It is a buyer's market: homes take about 65 days to sell, listings are up 16% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 1.6% over the next year. A household needs about $41,957 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,086. In the latest IRS figures, 98 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$193,549
Change in 1 year
+1.6%
Overvalued %
−8.7%
Show 7 more
Fair home value
$211,896
Change in 5 years
+12.5%
Zillow forecast, next 12 months
+1.6%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,049
Income needed to afford it
$41,957
Property tax rate
0.34%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$921
Market activity
Listings vs a year ago
+15.8%
Days on market
65
Listings with a price cut
25.0%
Show 3 more
Homes for sale
110
Pending sales per 100 listings
23
Asking price per sq ft
$157
People and jobs
Median household income
$62,086
Population change (1 year)
+0.9%
Unemployment rate
3.6%
Show 4 more
Population
18,394
Income adjusted for cost of living
$74,088
Net moves in (IRS)
+98
Cost of living (US = 100)
83.8
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
42.0
Flood risk score
38.4
Show 3 more
Wildfire risk score
33.8
Walkability (1 to 20)
4.8
Road, rail and air noise
53 dB
Questions people ask
Is Henry County, AL overvalued?
Home prices in Henry County, AL are slightly below what local incomes have historically supported: fair value is about $211,896, so the area is 8.7% undervalued.
Is Henry County, AL a buyer's or seller's market?
Henry County, AL is a buyer's market: homes take about 65 days to sell, listings are up 16% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Henry County, AL?
Home values in Henry County, AL are up 1.6% over the last year. Zillow's forecast for the next 12 months is +1.6%.
How much do you need to earn to buy a home in Henry County, AL?
A household needs about $41,957 a year to afford the typical home in Henry County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,086.