Real Estate in Red bay, AL
Updated 2026 • Housing market data from 1 zip code
📋 Housing Overview
Red bay, AL Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 135000, the balance between renting (38%) and owning (62%), and a population of 3205 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Economy & What Drives Red bay Real Estate
Real estate values in Red bay, AL are driven by local employment, school quality, and quality of life. The cost of living index of 87.6 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $33,234, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Red bay neighborhoods.
Pros & Cons
Pros
- •Rich in local history and culture
- •Strong family-oriented events
- •Friendly community atmosphere
- •Mild climate for outdoor fun
- •Access to outdoor activities
- •Supportive local businesses
- •Growing community engagement
- •Small-town charm and safety
- •Low cost of living
- •Good local schools available
Cons
- •Access to healthcare can be tough
- •Seasonal job fluctuations
- •Limited nightlife options
- •Potentially high crime rates
- •Public transport is scarce
- •Few job opportunities available
- •Few cultural diversity options
- •Limited dining choices nearby
- •More conservative political views
- •Lack of activities for teens
Frequently Asked Questions
What is the cost of living in Red bay, AL? ▼
The cost of living in Red bay, AL is 12% lower than the national average, with a cost of living index of 88 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Red bay, AL? ▼
In Red bay, AL, The median home price is $135,000. requiring approximately $71,786 annual income to afford. The local median household income is $33,234, making homeownership attainable for typical residents. Explore Red bay real estate data →
Is Red bay, AL a safe place to live? ▼
Red bay, AL is average in terms of safety, with crime rates near the national average. The crime rate is 21.5 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Red bay crime statistics →
What salary do you need to live comfortably in Red bay, AL? ▼
To live comfortably in Red bay, AL and afford a median-priced home of $135,000, you would typically need a household income of $33,750 to $42,188 per year. The local median household income is $33,234. See full affordability analysis →
Is Red bay, AL growing? ▼
Red bay, AL has a population of 3,205. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and competitive job market shape migration patterns. See Red bay population demographics →
What are the best neighborhoods in Red bay, AL? ▼
The best neighborhoods in Red bay, AL depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $135,000 is below the national average. Explore Red bay on our interactive map →
What is the commute like in Red bay, AL? ▼
Commute times in Red bay, AL vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Red bay, AL? ▼
Tax rates in Red bay, AL include state and local components. The cost of living index of 88 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Red bay tax information →
How does Red bay, AL compare to nearby cities? ▼
Red bay, AL offers a more affordable alternative to nearby communities. With a cost of living index of 88, median home prices of $135,000, and a crime rate of 21.53 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Red bay, AL? ▼
Weather in Red bay, AL varies by season. Climate data varies by season. View detailed Red bay climate & environment data →
Explore More About Red bay, AL
📅 Last Updated: February 2026
Sources: U.S. Census Bureau, Zillow, Redfin