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Alabama Homes for Sale Under 500K

20,629 Homes for Sale

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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
No. of Homes
Houses for Sale in Chelsea, Huntsville
266
Houses for Sale in Lincoln, Huntsville
183
Houses for Sale in South East Lake, Birmingham
115
Houses for Sale in Five Points South, Birmingham
80
Houses for Sale in Highland Park, Birmingham
76
Houses for Sale in Piedmont, Huntsville
69
Houses for Sale in Belview Heights, Birmingham
69
Houses for Sale in Ensley Highlands, Birmingham
65
Houses for Sale in Spring Lake, Birmingham
64
Houses for Sale in Oxmoor, Birmingham
61
Houses for Sale in Glen Iris, Birmingham
59
Houses for Sale in Roebuck, Birmingham
57
Houses for Sale in Norwood, Birmingham
56
Houses for Sale in Echo Highlands, Birmingham
54
Houses for Sale in Central City, Birmingham
49
Houses for Sale in Killough Springs, Birmingham
49
Houses for Sale in Forest Park, Birmingham
46
Houses for Sale in Bush Hills, Birmingham
44
Houses for Sale in West End Manor, Birmingham
43
Houses for Sale in Arlington West End, Birmingham
43
Roebuck, Birmingham Neighborhood Guide
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in Alabama
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Cheapest Places to Live in Alabama
  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Oct 29, 2026, 4:00 AM. 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, 4:00 AM. 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, 4:00 AM. 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.
  • mls-img
    Based on information from the Pensacola Association of REALTORS (alternatively, from the Pensacola MLS) through (date). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Multiple Listing Service of the Pensacola Association of REALTORS®. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from the Greater Chattanooga REALTORS® (or, alternatively, from the MLS of Chattanooga, Inc.) through Oct 29, 2026, 4:00 AM. IDX information is provided exclusively for consumers' personal, non-commercial use; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 the Greater Chattanooga REALTORS®. All Rights Reserved.

    Angela Fowler | Angela Fowler Real Estate, LLC. | (423) 320-4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir Ringgold, GA 30736
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Homes Available icon

20,629

Homes Available

Median List Price icon

$ 314,900

Median List Price

Avg on Market icon

74 Days

Avg on Market