Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$161,006+3.3% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$34,903About 0.6× the local median income ($57,993): affordable for a typical household
Days on market64 daysFaster than a year ago: sellers have the edge
Next 12 months+1.3%Zillow expects prices to rise slightly
The typical home in Walker County, AL is worth $161,006, up 3.3% from a year ago. That is well below what local incomes have historically supported: fair value is about $183,846, so the area is 12.4% undervalued. It is a buyer's market: homes take about 64 days to sell, listings are up 29% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 1.3% over the next year. A household needs about $34,903 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 $57,993. Typical rent is $1,481 a month, or $1,655 for a house. In the latest IRS figures, 363 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
$161,006
Change in 1 year
+3.3%
Overvalued %
−12.4%
Show 7 more
Fair home value
$183,846
Change in 5 years
+2.4%
Zillow forecast, next 12 months
+1.3%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$873
Income needed to afford it
$34,903
Property tax rate
0.26%
Rent and investing
Typical rent
$1,481
Typical rent for houses
$1,655
Price-to-rent ratio
9.1×
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HUD Fair Market Rent, 2 bedrooms
$949
Gross rental yield
11.04%
Cap rate (estimate)
7.18%
Market activity
Listings vs a year ago
+29.3%
Days on market
64
Listings with a price cut
25.2%
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Homes for sale
203
Pending sales per 100 listings
30
Asking price per sq ft
$137
People and jobs
Median household income
$57,993
Population change (1 year)
+0.0%
Unemployment rate
4.9%
Show 4 more
Population
65,140
Income adjusted for cost of living
$63,311
Net moves in (IRS)
+363
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
82.6
Flood risk score
85.8
Show 3 more
Wildfire risk score
62.5
Walkability (1 to 20)
5.4
Road, rail and air noise
54 dB
Questions people ask
Is Walker County, AL overvalued?
Home prices in Walker County, AL are well below what local incomes have historically supported: fair value is about $183,846, so the area is 12.4% undervalued.
Is Walker County, AL a buyer's or seller's market?
Walker County, AL is a buyer's market: homes take about 64 days to sell, listings are up 29% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Walker County, AL?
Home values in Walker County, AL are up 3.3% over the last year. Zillow's forecast for the next 12 months is +1.3%.
How much do you need to earn to buy a home in Walker County, AL?
A household needs about $34,903 a year to afford the typical home in Walker County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,993.