Homes for Sale Under 450K in Pelham, AL

218 Homes for Sale

Sort by:Newest Listings

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

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

218

Aug 2021Mar 2024Mar 2026

Median Home Price

$290,500Down 0.16%

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
218 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 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 26, 2026, 3:15 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.
Click to see all homes
static map image
Satellite
Pelham, AL Housing Marketlink qauare
Homes Available icon

218

Homes Available

Median List Price icon

$ 290,500

Median List Price

Avg on Market icon

71 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share