Alabama

Alabama Home Values & Market Trends

There have been 60,402 properties sold in the Alabama real estate market trends. Median home values in the Alabama housing market are $226,850. The median residential home value for transactions over the last 12 months is 203,252.602. The State of Alabama currently has 1,830 properties in foreclosure, 672 bank owned properties, and 1,158 headed for auction.

Alabama Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Jefferson

$ 239,257

$ 156/sqft

Cullman

$ 279,005

$ 153/sqft

Baldwin

$ 458,956

$ 263/sqft

Talladega

$ 212,463

$ 125/sqft

Mobile

$ 235,961

$ 117/sqft

Tuscaloosa

$ 295,239

$ 148/sqft

Shelby

$ 360,712

$ 173/sqft

Russell

$ 238,957

$ 107/sqft

Houston

$ 198,180

$ 102/sqft

Lauderdale

$ 247,401

$ 122/sqft

Madison

$ 350,717

$ 161/sqft

Walker

$ 204,691

$ 107/sqft

Calhoun

$ 196,105

$ 98/sqft

Etowah

$ 207,801

$ 106/sqft

Lee

$ 354,751

$ 160/sqft

Limestone

$ 365,828

$ 162/sqft

Montgomery

$ 192,925

$ 95/sqft

Coffee

$ 246,866

$ 115/sqft

St. Clair

$ 297,057

$ 170/sqft

Colbert

$ 233,629

$ 107/sqft

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Housing Market Summary for Alabama

Aug 2022August 2023Change
Median Listing Price$257.3K$225.3K-12.43%
Median Sold Price$220.7K$225.3K2.09%
Homes For Sale6,0136,5719.28%
Homes Sold40,57632,643-19.55%
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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 6,097 properties for sale in Alabama. The current home value ranges in price from 1 to 7,995,000. The total count of properties in the state is 1,786,752, and the percentage of properties for sale is 76.91%.

Foreclosure
There are 66 counties within Alabama; within these counties, the median estimated home value for homes in foreclosure ranges from $2,365,020 in Jefferson to the lowest value of $22,820 in Jefferson. Foreclosure homes account for 0.00% of properties in Alabama with Jefferson containing 384 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 66 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 $1,562,854 in Jefferson to the lowest value of $22,820 in Jefferson. Bank owned homes and properties account for 0.04% of properties in Alabama. There are 66 counties within Alabama; Jefferson containing 210 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Jefferson has 174 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 66 counties within Alabama; of those counties, the median estimated home value for homes going to auction ranges from $2,365,020 in Baldwin to the lowest value of $25,351 in Baldwin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in Alabama with Jefferson containing 1046 homes for sale, the highest number of listed properties in a single county. There are 66 counties within Alabama; homes for sale in those counties, have a range of median values from $5,977,015 in Jefferson to the lowest value of $19,624 in Calhoun.
    Sold Homes
    The median value for recently sold homes ranges from $6,000,000 in Jefferson to the lowest price of $9,014 in Jefferson. There are 66 counties within Alabama. Jefferson has 6601 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 1.86% of properties in Alabama.

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