Ozark, Alabama Real Estate & Housing Market

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Ozark Housing Information

Index	Ozark	Alabama	National
Median home price	$97,400	$128,500	$184,700
Median rent asked	$540	$728	$949
Avg. people per household	2.4	2.5	2.6
Owner occupied households	64.4%	68.5%	63.6%
Renter occupied households	35.6%	31.5%	36.4%

A general overview of the Ozark, AL real estate market is displayed above. The median home price for homes in Ozark, AL is $97,400, which is 24% lower than the Alabama average. This means that real estate in the Ozark, AL area is generally more affordable than the rest of Alabama. The median rent price in Ozark, AL is $540 which is 26% lower than the Alabama average. In Ozark, AL, 64.4% of people are home owners and an average of 2.4 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Ozark, AL. We make it easy to find Ozark, AL real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Ozark Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Ozark, AL. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Ozark, AL is $97,400 and the median household income is $37,522. This results in a home price to income ratio of 2.6x, which is 10% lower than the Alabama average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Ozark, AL are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Ozark, AL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Fort Rucker, AL	4,681	$0	100%
Napier Field, AL	512	$52,500	72%
Blue Springs, AL	101	$65,600	64%
Grimes, AL	663	$73,500	60%
Clayhatchee, AL	483	$78,000	58%
Ozark, AL	14,721	$97,400	47%

Cities with similar population

City, State	Population	Home Price	National Avg.
Owosso, MI	14,738	$76,100	59%
East Highland Park, VA	14,697	$145,600	21%
South Venice, FL	14,696	$152,600	17%
Scottsboro, AL	14,748	$128,600	30%
Jennings, MO	14,749	$64,900	65%
Ozark, AL	14,721	$97,400	47%

Source: The Ozark, AL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).