Homes for Sale Under 400K in Pelham, AL

192 Homes for Sale

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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.

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  • mls-img
    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 Marketlink qauare
Homes Available icon

192

Homes Available

Median List Price icon

$ 290,500

Median List Price

Avg on Market icon

71 Days

Avg on Market

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