Homes for Sale Under 200K in Homewood, AL

31 Homes for Sale

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Homewood, AL Housing Market Overview

Homewood is moving fast, and is a seller's market. Just 2.6 months of supply and 22 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

22

Inventory

31

Aug 2021Mar 2024Mar 2026

Median Home Price

$572,500Down 0.13%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
31 Up 0.08%
Newly Listed Homes
41 Down 0.05%
Months of Supply
2.6 Down 0.10%

Housing Demand

Homes Sold
26 Down 0.00%
Sale-to-List Ratio
102.4% Down 0.37%
Homes Sold Above List
42.3% Down 1.17%

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

View Full Homewood Market Report
No. of Homes
Prices
Days on Market
Homes for Sale Birmingham
3,727
$293,450
50
Homes for Sale Shelby
3,053
$59,450
-
Homes for Sale Montgomery
1,536
$200,000
64
Homes for Sale Fairhope
515
$560,000
58
Homes for Sale Huntsville
20
$362,500
71
  • mls-img
    Based on information from the Greater Alabama MLS through Sep 19, 2026, 6:15 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.

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Homewood, AL Housing Marketlink qauare
Homes Available icon

31

Homes Available

Median List Price icon

$ 572,500

Median List Price

Avg on Market icon

22 Days

Avg on Market

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