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Alabama Homes for Sale Under 400K

18,593 Homes for Sale

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$388,000

Views: 9

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,736sqft

Single family home for sale

7200 Bradshaw Ct, Mobile, AL 36695

Coldwell Banker Reehl Properties Fairhope, Rhonda Hice

New ConstructionNew Construction

$387,064

Views: 17

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,383sqft

Single family home for sale

491 Joyce St, Prattville, AL 36066

Porch Light Real Estate, Llc., Delinah Jiles

$386,760

Views: 20

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,760sqft

Single family home for sale

18204 Kent Cir, Foley, AL 36535

New Home Star Alabama, Llc, Celina Renee Calvert

$385,500

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 2,174sqft

Single family home for sale

9075 Fairway Dr, Foley, AL 36535

Bellator Real Estate Llc Gulf Shores, Cindy S Kusnierz

Showing 547 - 588 of 18,593 homes for sale in Alabama

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Alabama Housing Market Overview

Alabama is a buyer's market right now. With 8.2 months of supply and homes taking an average of 74 days to sell, you have more time to compare your options, negotiate a better deal, and buy with confidence.

Status

Buyer's Market

Days on Market

74

Inventory

21,371

Sep 2021Jun 2024Sep 2026

Median Home Price

$314,900Up 5.00%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
21,371 Up 95.72%
Newly Listed Homes
3,698 Down 25.29%
Months of Supply
8.2 Up 215.38%

Housing Demand

Homes Sold
2,601 Down 0.00%
Sale-to-List Ratio
97.3% Down 0.10%
Homes Sold Above List
17.4% Up 12.35%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Alabama Market Report
  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Oct 29, 2026, 11:15 PM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
  • mls-img
    Based on information from the Baldwin County Association of REALTORS® through Oct 29, 2026, 11:15 PM. Information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS. Some listings have been excluded from this website.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Baldwin County Board of REALTORS® Multiple Listing Service. All Rights Reserved.
  • mls-img
    Based on information from the Greater Alabama MLS through Oct 29, 2026, 11:15 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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Homes Available icon

18,593

Homes Available

Median List Price icon

$ 314,900

Median List Price

Avg on Market icon

74 Days

Avg on Market