Alabama Home Values & Market Trends
There have been 61,198 properties sold in the Alabama real estate market trends. Median home values in the Alabama housing market are $214,310.56. The median residential home value for transactions over the last 12 months is 179,250.542. The State of Alabama currently has 1,582 properties in foreclosure, 436 bank owned properties, and 1,146 headed for auction.
Alabama Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Jefferson | $ 220,000 $ 147/sqft | Chambers | $ 177,399 $ 97/sqft |
| Madison | $ 354,742 $ 159/sqft | Chilton | $ 246,690 $ 134/sqft |
| Baldwin | $ 450,977 $ 249/sqft | Geneva | $ 168,522 $ 96/sqft |
| Mobile | $ 229,654 $ 115/sqft | Marion | $ 180,067 $ 105/sqft |
| Shelby | $ 368,318 $ 174/sqft | Escambia | $ 197,450 $ 112/sqft |
| Lee | $ 356,764 $ 160/sqft | Randolph | $ 253,851 $ 144/sqft |
| Houston | $ 208,978 $ 113/sqft | Clarke | $ 175,800 $ 78/sqft |
| Calhoun | $ 189,900 $ 97/sqft | Autauga | $ 283,937 $ 122/sqft |
| Limestone | $ 375,000 $ 159/sqft | Lawrence | $ 244,900 $ 121/sqft |
| Montgomery | $ 200,271 $ 92/sqft | Dallas | $ 44,342 $ 30/sqft |
| Etowah | $ 240,090 $ 117/sqft | Franklin | $ 184,131 $ 109/sqft |
| St. Clair | $ 283,000 $ 167/sqft | Cleburne | $ 250,000 $ 130/sqft |
| Marshall | $ 287,818 $ 146/sqft | Crenshaw | $ 101,195 $ 62/sqft |
| Cullman | $ 318,000 $ 169/sqft | Fayette | $ 184,317 $ 91/sqft |
| Morgan | $ 290,311 $ 140/sqft | Monroe | $ 189,000 $ 90/sqft |
| Russell | $ 236,797 $ 108/sqft | Butler | $ 238,159 $ 107/sqft |
| Talladega | $ 230,082 $ 137/sqft | Lamar | $ 153,215 $ 74/sqft |
| Lauderdale | $ 290,470 $ 132/sqft | Bibb | $ 254,900 $ 110/sqft |
| Walker | $ 215,552 $ 104/sqft | Clay | $ 165,728 $ 82/sqft |
| Tuscaloosa | $ 282,398 $ 165/sqft | Macon | $ 59,801 $ 48/sqft |
| Colbert | $ 239,900 $ 125/sqft | Conecuh | $ 159,950 $ 87/sqft |
| Dekalb | $ 249,900 $ 126/sqft | Bullock | $ 374,565 $ 200/sqft |
| Blount | $ 247,061 $ 148/sqft | Pickens | $ 230,138 $ 89/sqft |
| Jackson | $ 288,794 $ 144/sqft | Coosa | $ 629,900 $ 217/sqft |
| Pike | $ 209,535 $ 108/sqft | Hale | $ 156,452 $ 56/sqft |
| Barbour | $ 196,748 $ 106/sqft | Marengo | $ 297,596 $ 106/sqft |
| Elmore | $ 273,260 $ 134/sqft | Greene | $ 181,838 $ 70/sqft |
| Henry | $ 268,995 $ 147/sqft | Choctaw | $ 182,839 $ 74/sqft |
| Tallapoosa | $ 537,429 $ 258/sqft | Wilcox | $ 147,000 $ 53/sqft |
| Winston | $ 615,853 $ 263/sqft | Lowndes | $ 215,463 $ 83/sqft |
| Coffee | $ 241,099 $ 114/sqft | Washington | $ 99,021 $ 72/sqft |
| Dale | $ 168,500 $ 113/sqft | Sumter | $ 85,584 $ 69/sqft |
| Covington | $ 182,163 $ 94/sqft | Perry | $ -- $ -- |
| Cherokee | $ 261,500 $ 146/sqft |
Housing Market Summary for Alabama
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $268K | $213.2K | -20.45% |
| Median Sold Price | $209.5K | $213.2K | 1.78% |
| Homes For Sale | 5,672 | 8,097 | 42.75% |
| Homes Sold | 26,613 | 28,040 | 5.36% |
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 8,519 properties for sale in Alabama. The current home value ranges in price from 1 to 7,500,000. The total count of properties in the state is 1,792,436, and the percentage of properties for sale is 8519.00%.
- 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 $738,529 in Marengo to the lowest value of $23,606 in Mobile. Bank owned homes and properties account for 0.02% of properties in Alabama. There are 67 counties within Alabama; Jefferson containing 97 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsJefferson has 264 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 $1,843,789 in Jackson to the lowest value of $22,238 in Jackson.
Compare Nearby Cities
More Real Estate Resources for Alabama
Guide for Alabama
Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of 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.
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 […]
Information on foreclosure financing, refinancing, and foreclosure mortgages.
