Explore US City Pike Road, AL - Real Estate Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
2%
Investor Friendly Score
2%
Median Price
$476,313

Market Insights

The housing market in Pike Road continues to see strong price appreciation, with values up 44.3% compared to last year. Home prices have increased 10.8% in the past month alone. With 5.2 months of supply, Pike Road's inventory levels remain relatively tight. Homes are now taking an average of 146 days to sell, significantly longer than the 59 days typical for this market. Only 13.6% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Pike Road market with the affordability index at 409.8. Based on current market indicators, home prices in Pike Road are projected to decrease by approximately 9.2% over the next month.

Demographics market for - Pike Road, AL

Total Population -

9,664

Pike Road, AL has a total population of 10,210 residents. The area is predominantly White (60.3%), African American residents comprise 29.2% of the community. with Asian residents representing 3.6%. The area shows moderate demographic diversity. As a smaller community, Pike Road, AL offers a close-knit residential environment.

White Race

64%

African American Race

31%

Mexican1% (1% of total population)
Puerto Rican0% (0% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0% (0% of total population)
Venezuelan0%

Indian0% (0% of total population)
Bangladeshi0%
Chinese0% (0% of total population)
Bhutanese0%
Burmese0%
Filipino0% (0% of total population)
Hmong0%
Indonesian0%
Japanese0% (0% of total population)
Korean3% (3% of total population)
Laotian0% (0% of total population)
Malaysian0%
Mongolian0%
Nepalese0%
Pakistani0%
Srilankan0%
Taiwanese0% (0% of total population)
Pakistani0%
Srilankan0%
Taiwanese0% (0% of total population)
Thai0%
Vietnamese0% (0% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for City - Pike Road, AL

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Real Estate Market Prediction for - Pike Road, AL

Market predictions for Pike Road, AL show an upward trend in home prices, with values increasing by 8.1%. This indicates a moderate but notable price trend. The current median home price in Pike Road, AL is approximately $467,484.694. Based on current trends, home prices in Pike Road, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.

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City Hotspots Map

Investment hotspot data for Pike Road, AL is currently unavailable.

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Nearby Cities From- Pike Road, AL

Montgomery, AL

Emerald Mountain, AL

Shorter, AL

Redland, AL

Fitzpatrick, AL

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