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Advertise here →Homewood, AL · Market Data
Homewood, Alabama real estate market data.
Real estate market data for Homewood, AL (Jefferson County) — Census median home value $502,300, county listing prices up about 2.2% over the past year.
Homewood, AL is in Jefferson County, Alabama — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 27,697, with a median household income of $108,386. Census data puts Homewood's median home value at $502,300.
At a glance
Homewood market snapshot
Population
27,697
Median Household Income
$108,386
Median Home Value (city)
$502,300
Median Gross Rent
$1,457/mo
Price Trend (YoY)
+2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Homewood different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Homewood's median home value — across all owner-occupied homes, not just recent sales — at $502,300.
County Price Trend
Jefferson County's FHFA house price index shows a 2.21% annual change in 2025.
Population & Income
Homewood has an estimated population of 27,697 and a median household income of $108,386, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Homewood's Census-reported median home value works out to about 4.6x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Homewood FAQ
What are home values like in Homewood, AL?
The Census Bureau's American Community Survey puts Homewood's median home value at $502,300.
What is the population of Homewood, AL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Homewood's population at approximately 27,697.
What's the median rent in Homewood, AL?
The Census ACS estimates median gross rent in Homewood at approximately $1,457 per month.
What is the median household income in Homewood, AL?
Census ACS data puts the median household income in Homewood at approximately $108,386.
Is the Homewood housing market growing?
Jefferson County's FHFA house price index shows a 2.21% annual change in 2025.
Is Homewood, AL affordable relative to income?
Census ACS data puts Homewood's median home value at about 4.6 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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