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Cheap Homes for Sale in Pelham, AL
10 Homes for Sale
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$184,900
2Bds
2Ba
--sqft
Townhouse for sale
Keller Williams Realty Vestavia
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Hot
Price Drop: $7.4K
Hot
Hot3D Tour
$199,900
25
3Bds
1Ba
--sqft
Single family home for sale
Arc Realty Vestavia
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$199,000
6
2Bds
2Ba
--sqft
Townhouse for sale
Keller Williams Realty Vestavia
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$199,000
5
2Bds
2Ba
--sqft
Townhouse for sale
Realtysouth Chelsea Branch
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$194,900
5
2Bds
2Ba
--sqft
Townhouse for sale
Keller Williams Realty Hoover
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$198,500
3
2Bds
3Ba
--sqft
Townhouse for sale
Lawler-Jones Real Estate & Dev
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Pelham, AL Housing Market Overview
Pelham is a balanced market, giving buyers and sellers room to negotiate. With 2.9 months of supply and homes averaging 71 days on the market, you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
71
Inventory
117
Sep 2021Mar 2024Mar 2026
Median Home Price
$290,500Down 0.16%
In Mar 2026 · YoY
Sep 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
- 117 Down 0.16%
- Newly Listed Homes
- 48 Up 0.02%
- Months of Supply
- 2.9 Down 0.30%
Housing Demand
- Homes Sold
- 40 Down 0.00%
- Sale-to-List Ratio
- 99.1% Up 0.23%
- Homes Sold Above List
- 20% Up 6.05%
30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.
View Full Pelham Market ReportNo. of Homes
Prices
Based on information from the Greater Alabama MLS through Oct 14, 2026, 3:00 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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Pelham, AL Housing Market
10
Homes Available
$ 290,500
Median List Price
71 Days
Avg on Market
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