Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$197,342+4.5% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$42,780About 0.8× the local median income ($53,867): affordable for a typical household
Days on market54 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Russell County, AL is worth $197,342, up 4.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $191,846, so the area is 2.9% overvalued. It is a balanced market: homes take about 54 days to sell, listings are up 16% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $42,780 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 $53,867. Typical rent is $1,364 a month, or $1,497 for a house. In the latest IRS figures, 27 more people moved out than in.
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
$197,342
Change in 1 year
+4.5%
Overvalued %
+2.9%
Show 7 more
Fair home value
$191,846
Change in 5 years
+23.7%
Zillow forecast, next 12 months
+2.9%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,069
Income needed to afford it
$42,780
Property tax rate
0.38%
Rent and investing
Typical rent
$1,364
Typical rent for houses
$1,497
Price-to-rent ratio
12.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,212
Gross rental yield
8.29%
Cap rate (estimate)
5.39%
Market activity
Listings vs a year ago
+16.4%
Days on market
54
Listings with a price cut
18.7%
Show 3 more
Homes for sale
177
Pending sales per 100 listings
40
Asking price per sq ft
$134
People and jobs
Median household income
$53,867
Population change (1 year)
−0.1%
Unemployment rate
6.2%
Show 4 more
Population
58,898
Income adjusted for cost of living
$60,321
Net moves in (IRS)
−27
Cost of living (US = 100)
89.3
Schools, risk and environment
School rating (1 to 10)
4.9
FEMA hazard risk score (0 to 100)
54.7
Unhealthy air days a year
0
Show 4 more
Flood risk score
66.9
Wildfire risk score
55.7
Walkability (1 to 20)
6.0
Road, rail and air noise
54 dB
Questions people ask
Is Russell County, AL overvalued?
Home prices in Russell County, AL are slightly above what local incomes have historically supported: fair value is about $191,846, so the area is 2.9% overvalued.
Is Russell County, AL a buyer's or seller's market?
Russell County, AL is a balanced market: homes take about 54 days to sell, listings are up 16% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Russell County, AL?
Home values in Russell County, AL are up 4.5% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Russell County, AL?
A household needs about $42,780 a year to afford the typical home in Russell County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,867.