Red Bay, AL Home Values & Market Trends

Real estate market trends reflect that there have been 27 transactions over the past year in Red Bay. The median value for residential home transactions that occurred over the previous year is $211,091. The number of current listings in Red Bay is 3, and the percentage of properties for sale in the city is 3.00%. Red Bay, AL currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 3 properties for sale.

Red Bay, AL Real Estate Market Overview

ZipMedian Est. Value
35582

$ 211,091

$ 99/sqft

Housing Market Summary for Red Bay, AL

Apr 2024March 2025Change
Median Listing Price$125K$309.4K147.56%
Median Sold Price$148.4K$145.1K-2.19%
Homes For Sale12100.00%
Homes Sold1512-20.00%
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 Red Bay, AL

Red Bay home values range from $71,148 to $459,000. The median estimated value of a home in Red Bay is $211,091. The median list price of a home is 240,000, and the total count of properties in the city is 23.

Foreclosure
There is 1 zips within Red Bay, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $247,983 in 35582 to the lowest value of $92,140 in 35582. Foreclosure homes account for 8.00% of properties in Red Bay, AL with 35582 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Red Bay, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Red Bay, AL; of that 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 Red Bay, AL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Red Bay, AL. There is 1 zips within Red Bay, AL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35582 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Red Bay, AL. Auction homes and other auction properties account for 8.70% of all properties in Red Bay, AL. There is 1 zips within Red Bay, AL; of that zips, the median estimated home value for homes going to auction ranges from $247,983 in 35582 to the lowest value of $92,140 in 35582.
Homes for Sale
Homes and properties that are actively listed for sale account for 13.04% of residential properties in Red Bay, AL with 35582 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Red Bay, AL; homes for sale in that zips, have a range of median values from $459,000 in 35582 to the lowest value of $135,942 in 35582.
    Sold Homes
    The median value for recently sold homes ranges from $267,200 in 35582 to the lowest price of $71,148 in 35582. There is 1 zips within Red Bay, AL. 35582 has 16 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 69.57% of properties in Red Bay, AL.

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      Guide for Red Bay, AL

      alabama blog hero image
      Alabama
      Alabama Pre-Foreclosures Drop 15.9%—Crisis Still Looms
      Alabama
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama
      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Kentucky
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      alabama blog hero image
      Alabama Pre-Foreclosures Drop 15.9%—Crisis Still Looms
      Alabama|posted 12 March 2025
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama|posted 14 June 2024
      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Alabama|posted 13 June 2024
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky|posted 17 April 2024

      Recently Listed Homes Red Bay, AL

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