Alabama Home Values & Market Trends
There have been 62,472 properties sold in the Alabama real estate market trends. Median home values in the Alabama housing market are $212,499.82. The median residential home value for transactions over the last 12 months is 179,540.254. The State of Alabama currently has 1,552 properties in foreclosure, 438 bank owned properties, and 1,114 headed for auction.
Alabama Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Jefferson | $ 190,000 $ 130/sqft | Covington | $ 168,098 $ 94/sqft |
Madison | $ 341,628 $ 156/sqft | Chilton | $ 259,900 $ 134/sqft |
Baldwin | $ 458,121 $ 260/sqft | Marion | $ 193,978 $ 108/sqft |
Mobile | $ 240,269 $ 120/sqft | Randolph | $ 276,292 $ 156/sqft |
Shelby | $ 348,924 $ 171/sqft | Escambia | $ 177,000 $ 105/sqft |
Houston | $ 200,068 $ 112/sqft | Geneva | $ 165,506 $ 92/sqft |
Calhoun | $ 189,900 $ 96/sqft | Autauga | $ 282,966 $ 127/sqft |
Lee | $ 349,900 $ 158/sqft | Lawrence | $ 244,900 $ 119/sqft |
Etowah | $ 229,950 $ 116/sqft | Dallas | $ 57,500 $ 36/sqft |
Montgomery | $ 194,084 $ 100/sqft | Clarke | $ 179,950 $ 75/sqft |
Limestone | $ 353,492 $ 162/sqft | Cleburne | $ 235,257 $ 149/sqft |
St. Clair | $ 287,322 $ 170/sqft | Franklin | $ 194,595 $ 102/sqft |
Cullman | $ 305,250 $ 165/sqft | Crenshaw | $ 112,460 $ 72/sqft |
Marshall | $ 310,613 $ 158/sqft | Fayette | $ 233,113 $ 100/sqft |
Morgan | $ 290,022 $ 139/sqft | Monroe | $ 189,000 $ 95/sqft |
Talladega | $ 224,707 $ 136/sqft | Butler | $ 189,433 $ 119/sqft |
Russell | $ 233,825 $ 106/sqft | Lamar | $ 176,502 $ 99/sqft |
Walker | $ 208,918 $ 92/sqft | Bibb | $ 249,000 $ 117/sqft |
Lauderdale | $ 295,000 $ 135/sqft | Clay | $ 202,444 $ 100/sqft |
Tuscaloosa | $ 284,500 $ 157/sqft | Conecuh | $ 142,900 $ 74/sqft |
Colbert | $ 274,900 $ 131/sqft | Macon | $ 59,496 $ 46/sqft |
Dekalb | $ 289,900 $ 138/sqft | Marengo | $ 86,198 $ 64/sqft |
Blount | $ 252,388 $ 146/sqft | Bullock | $ 312,313 $ 139/sqft |
Henry | $ 265,168 $ 145/sqft | Pickens | $ 238,669 $ 120/sqft |
Jackson | $ 282,464 $ 148/sqft | Greene | $ 181,838 $ 70/sqft |
Pike | $ 167,785 $ 92/sqft | Lowndes | $ 245,675 $ 192/sqft |
Barbour | $ 197,888 $ 92/sqft | Washington | $ 133,609 $ 79/sqft |
Winston | $ 599,873 $ 234/sqft | Hale | $ 112,187 $ 62/sqft |
Chambers | $ 170,292 $ 98/sqft | Wilcox | $ 133,242 $ 46/sqft |
Elmore | $ 270,000 $ 146/sqft | Coosa | $ 649,900 $ 166/sqft |
Dale | $ 147,011 $ 102/sqft | Sumter | $ 84,756 $ 68/sqft |
Coffee | $ 195,000 $ 106/sqft | Choctaw | $ 325,000 $ 126/sqft |
Tallapoosa | $ 557,000 $ 288/sqft | Perry | $ -- $ -- |
Cherokee | $ 282,000 $ 148/sqft |
Housing Market Summary for Alabama
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $257.1K | $216.5K | -15.79% |
Median Sold Price | $208.7K | $216.5K | 3.72% |
Homes For Sale | 5,436 | 7,956 | 46.36% |
Homes Sold | 27,857 | 30,026 | 7.79% |
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 Alabama
Browse Homes in Alabama
There are currently 8,201 properties for sale in Alabama. The current home value ranges in price from 1 to 8,590,000. The total count of properties in the state is 1,795,216, and the percentage of properties for sale is 8201.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Alabama with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 67 counties within Alabama; of those counties, 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 Alabama ranges from the highest value of $728,199 in Lawrence to the lowest value of $23,193 in Jefferson. Bank owned homes and properties account for 0.02% of properties in Alabama. There are 67 counties within Alabama; Jefferson containing 95 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsJefferson has 251 auction properties, the highest number of properties going to auction in a single county in the state of Alabama. Auction homes and other auction properties account for 0.06% of all properties in Alabama. There are 67 counties within Alabama; of those counties, the median estimated home value for homes going to auction ranges from $778,500 in Tallapoosa to the lowest value of $17,242 in Tallapoosa.
Compare Nearby Cities
More Real Estate Resources for Alabama
Guide for Alabama
Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.
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