Cheap Homes for Sale in Theodore, AL

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Theodore, AL Housing Market Overview

Theodore is moving fast, and is a seller's market. Just 1.6 months of supply and 43 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

43

Inventory

4

Aug 2021Apr 2024Mar 2026

Median Home Price

$223,950Up 0.06%

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
4 Down 0.20%
Newly Listed Homes
7 Down 0.36%
Months of Supply
1.6 Down 0.90%

Housing Demand

Homes Sold
10 Down 0.00%
Sale-to-List Ratio
100.4% Up 2.91%
Homes Sold Above List
70% Up 45.00%

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

View Full Theodore Market Report
  • mls-img
    Based on information from the Baldwin County Association of REALTORS® through Sep 14, 2026, 12:45 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.

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Theodore, AL Housing Marketlink qauare
Homes Available icon

4

Homes Available

Median List Price icon

$ 223,950

Median List Price

Avg on Market icon

43 Days

Avg on Market

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