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Pelham city, AL

ZIP 35124 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 35124

Median Home Value
$282,600
Median Rent
$1,279
Affordability Snapshot
$78,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,815/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 35124 in Pelham city, AL, a household would need roughly $78,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,815. That sits below the local median household income ($91,513), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
83.5%+28% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
10.9%-26% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
25.1%-49% vs US avg
x
Mortgage-Free
31.4%-18% vs US avg
x
$282,600
Home Value
$1,279
Rent
1997
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.2%
  • 1-unit attached13.8%
  • 2-9 units2.0%
  • 10+ units4.0%
  • Mobile home & other4.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$282,600
Median rent$1,279
Owner-occupied83.5%
Vacant2.5%
Price-to-income3.1x
Est. income to buy$78,000