Tuscaloosa, AL Home Values & Market Trends
Real estate market trends reflect that there have been 1,672 transactions over the past year in Tuscaloosa. The median value for residential home transactions that occurred over the previous year is $220,708.4. The number of current listings in Tuscaloosa is 69, and the percentage of properties for sale in the city is 69.00%. Tuscaloosa, AL currently has 36 properties in foreclosure, 10 bank owned properties, 26 properties headed for auction, and 69 properties for sale.
Tuscaloosa, AL Real Estate Market Overview
Housing Market Summary for Tuscaloosa, AL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $292.4K | $214.6K | -26.62% |
| Median Sold Price | $198.2K | $214.6K | 8.27% |
| Homes For Sale | 82 | 65 | -20.73% |
| Homes Sold | 686 | 564 | -17.78% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Tuscaloosa, AL
Browse Homes in Tuscaloosa, AL
Tuscaloosa home values range from $19,854 to $7,845,172. The median estimated value of a home in Tuscaloosa is $220,708.4. The median list price of a home is 375,000, and the total count of properties in the city is 28,439.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Tuscaloosa, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Tuscaloosa, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tuscaloosa, AL ranges from the highest value of $427,076 in 35401 to the lowest value of $49,900 in 35405. Bank owned homes and properties account for 0.04% of properties in Tuscaloosa, AL. There are 4 zips within Tuscaloosa, AL; 35405 containing 8 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions35405 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Tuscaloosa, AL. Auction homes and other auction properties account for 0.09% of all properties in Tuscaloosa, AL. There are 4 zips within Tuscaloosa, AL; of those zips, the median estimated home value for homes going to auction ranges from $428,090 in 35406 to the lowest value of $71,233 in 35406.
Compare Nearby Cities
More Real Estate Resources for Tuscaloosa, AL
Guide for Tuscaloosa, AL
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Learn how a short sale can stop the foreclosure process.
