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Alabama Homes for Sale Under 400K

18,614 Homes for Sale

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New ConstructionNew Construction

$397,439

Views: 7

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,383sqft

Sale Pending

111 Mead St, Prattville, AL 36066

Porch Light Real Estate, Llc., Sheryl K. Mabry

$397,300

Views: 10

Bedrooms: --Bds

Bathrooms: --Ba

Area: 3.67acres lot

Land for sale

0 Grelot Rd, Mobile, AL 36695

Roberts Brothers West, Elaine B Sessions

New
No HOANo HOA

$397,000

Views: 1

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,280sqft

Single family home for sale

9246 Greenleaf Dr, Daphne, AL 36527

Elite Real Estate Solutions, Llc, Tracey W Goens

3D Tour3D Tour
New ConstructionNew Construction

$395,900

Views: 12

Bedrooms: 5Bds

Bathrooms: 3Ba

Area: 2,599sqft

Single family home for sale

4813 Monarch Pass, Montgomery, AL 36116

Dhi Realty Of Al. Llc. Montg., Shelly Lyn Nulph

Showing 295 - 336 of 18,614 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-imgIDX Logo
    Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 29, 2026, 2:15 PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Oct 29, 2026, 2:15 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, 2:15 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, 2:15 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

18,614

Homes Available

Median List Price icon

$ 314,900

Median List Price

Avg on Market icon

74 Days

Avg on Market