Tuscaloosa, AL Home Values & Market Trends

Real estate market trends reflect that there have been 1,696 transactions over the past year in Tuscaloosa. The median value for residential home transactions that occurred over the previous year is $218,343.17. The number of current listings in Tuscaloosa is 59, and the percentage of properties for sale in the city is 59.00%. Tuscaloosa, AL currently has 36 properties in foreclosure, 14 bank owned properties, 22 properties headed for auction, and 59 properties for sale.

Tuscaloosa, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
35401

$ 276,900

$ 207/sqft

35406

$ 535,000

$ 177/sqft

35405

$ 274,920

$ 134/sqft

35404

$ 200,000

$ 163/sqft

Housing Market Summary for Tuscaloosa, AL

Mar 2023February 2024Change
Median Listing Price$285K$217K-23.86%
Median Sold Price$198.7K$217K9.21%
Homes For Sale7157-19.72%
Homes Sold709593-16.36%
Price
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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 Tuscaloosa, AL

Tuscaloosa home values range from $19,614 to $7,035,741. The median estimated value of a home in Tuscaloosa is $218,343.17. The median list price of a home is 279,900, and the total count of properties in the city is 28,457.

Foreclosure
There are 4 zips within Tuscaloosa, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $209,900 in 35404 to the lowest value of $38,900 in 35404. Foreclosure homes account for 0.00% of properties in Tuscaloosa, AL with 35405 containing 22 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Tuscaloosa, AL ranges from the highest value of $420,798 in 35401 to the lowest value of $38,900 in 35404. Bank owned homes and properties account for 0.05% of properties in Tuscaloosa, AL. There are 4 zips within Tuscaloosa, AL; 35405 containing 9 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35405 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 0.08% 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 $427,638 in 35405 to the lowest value of $59,200 in 35405.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Tuscaloosa, AL with 35401 containing 24 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Tuscaloosa, AL; homes for sale in those zips, have a range of median values from $2,350,000 in 35406 to the lowest value of $105,000 in 35405.
    Sold Homes
    The median value for recently sold homes ranges from $2,890,782 in 35406 to the lowest price of $29,832 in 35406. There are 4 zips within Tuscaloosa, AL. 35401 has 189 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.93% of properties in Tuscaloosa, AL.

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      Guide for Tuscaloosa, AL

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