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

CountyMedian Est. ValueCountyMedian 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

See More

Housing Market Summary for Alabama

Mar 2023February 2024Change
Median Listing Price$257.1K$216.5K-15.79%
Median Sold Price$208.7K$216.5K3.72%
Homes For Sale5,4367,95646.36%
Homes Sold27,85730,0267.79%
Price
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Homes For Sale
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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%.

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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%.

Foreclosure
There are 67 counties within Alabama; within these counties, the median estimated home value for homes in foreclosure ranges from $427,220 in Montgomery to the lowest value of $17,242 in Montgomery. Foreclosure homes account for 0.00% of properties in Alabama with Jefferson containing 346 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    Jefferson 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.46% of residential properties in Alabama with Jefferson containing 1320 homes for sale, the highest number of listed properties in a single county. There are 67 counties within Alabama; homes for sale in those counties, have a range of median values from $649,900 in Coosa to the lowest value of $6,903 in Chambers.
    Sold Homes
    The median value for recently sold homes ranges from $249,498 in Cullman to the lowest price of $9,059 in Cullman. There are 67 counties within Alabama. Jefferson has 5895 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 1.62% of properties in Alabama.

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      Guide for Alabama

      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.