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Alabama
Housing Market
Constantly fluctuating home prices and demands shape the landscape of the Alabama housing market. Houzeo’s housing market report tracks these changes in supply and demand across the state. We aim to offer real-time insights to help you make informed decisions.
#40 In Nation
$
0.00%
Buyer's Market
6.81%
0.05% 1-wk
Overview
Supply
Demand
Buy or Sell
Market Insights
MigrationAlabama Housing Market Overview
Median days on the market is another metric that helps you gauge market competitiveness. Homes for sale in Alabama now spend as long as 72 days on the market before going under contract. This number is up by 9 days year-over-year. These parameters indicate the pace and affordability of the real estate market in Alabama.
What Does it Mean for Home Buyers and Sellers?
- If You're a Buyer: The extended number of median days on the market gives you the power to negotiate. The mortgage rate of 6.6% makes it relatively easier for home buyers to make their purchase. So, whether you’re looking for a condo in Birmingham or a single-family home in Huntsville, make sure you negotiate a favorable deal.
- If You're a Seller: Although prices are on the rise YoY, now is not the ideal time to sell your house in Alabama. The number of Alabama houses for sale is steadily increasing. With more inventory available, there will be less competition among buyers. If you still wish to sell your home in the current Alabama market, offer concessions to make your property listing stand out.
Median Sale Price
$
0% year-over-year
Alabama Housing Supply
What Does it Mean for Home Buyers and Sellers?
# of Homes for Sale
0% year-over-year
Alabama Housing Market Demand
14% of homes in Alabama sold above the list price in January 2025. However, this number has reduced by 2.8 points YoY. Furthermore, price drops increased slightly from last year, with 24.5% of homes selling below the list price. The 96.9% sale-to-list price ratio signals potential price flexibility for buyers.
What Does it Mean for Home Buyers and Sellers?
Homes Sold Above List Price
%0% year-over-year
Is it a Buyer’s or Seller’s Market in Alabama?
Strong
Buyer
Buyer
Balanced
Seller
Strong
Seller
Buyer’s Market
Seller’s Market
Buyer: Supply exceeds demand, and homes stay listed on the market for longer, pushing sellers to offer concessions.
Is it a Buyer’s or Seller’s Market in Alabama?
As of January 2025, the Alabama housing market favors home buyers due to increased inventory and extended days on the market. Buyers have more leverage, since housing inventory has increased by 10.6% YoY, and homes take longer to go under contract.
The sale-to-list price ratio of 96.6% indicates price flexibility for buyers. The current mortgage rates of 6.6% also makes housing in Alabama affordable. While these trends could vary significantly within the state, Alabama is currently a buyer’s market.
Alabama Housing Market Insights
Housing markets like Mountain Brook and Theodore have cooled due to low competition. The median home sale price in these cities has decreased YoY due to low demand. Alabama housing market predictions for 2025 suggest continued growth in most regions, as the market adjusts to economic factors. But, as of January 2025, the housing market in Alabama favors buyers. While 14% homes are sold above listing price, 24.5% have seen price drops. So, if you plan on buying a home in Alabama, this is the right time. Just make sure to consider property taxes, insurance costs, and HOA fees.
Nationwide Migration Trends
The cost of living index of Alabama is 87.9, the third-lowest in the country. Most people migrate to Alabama for its affordable cost of living and attractive job market.
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Frequently Asked Questions
How have home prices in Alabama changed over the past years?
Are home prices dropping in Alabama?
What’s the average price of a house in Alabama?
What are the Alabama housing market predictions for 2025 and beyond?
Is now a good time to buy or sell a home in Alabama?
How is the Alabama housing market compared to the national market?
What are the best cities to buy a home in Alabama right now?
How can I list my home for sale in Alabama?
What is the current mortgage rate for buyers in Alabama?
When will the housing market crash in Alabama?
Data provided by Redfin, a national real estate brokerage.
Important Legal Disclosures
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
Homes For Sale Near Me
27,749 Homes
3D Tour 
0
$1,950,000
4Bds
4Ba
3,338sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$45,000
--Bd
--Ba
2.4acres lot
Land for sale
0
$619,000
6Bds
4Ba
5,211sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$600,000
3Bds
2Ba
1,817sqft
Single family for sale
0
$25,000
4
--Bd
--Ba
15,246sqft lot
Land for sale
0
$34,900
--Bd
--Ba
0.35acre lot
Land for sale
Realtracs as distributed by MLS GRID
0
$494,900
3Bds
2Ba
1,633sqft
Single family for sale
0
$84,900
--Bd
--Ba
10.01acres lot
Land for sale
0
$235,000
3Bds
2Ba
1,381sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$1,495,000
--Bd
--Ba
34acres lot
Land for sale
Realtracs as distributed by MLS GRID
0
$649,900
4Bds
3Ba
3,902sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$1,800,000
1
--Bd
--Ba
51acres lot
Land for sale
New Construction 3D Tour 
0
$869,900
3Bds
6Ba
3,400sqft
Single family for sale
No HOA 
0
$112,500
1
--Bd
--Ba
12.5acres lot
Land for sale
0
$26,500
--Bd
--Ba
0.5acre lot
Land for sale
Realtracs as distributed by MLS GRID
0
$1,074,750
6Bds
4Ba
5,786sqft
Single family for sale
0
$79,900
1
--Bd
--Ba
25,264.8sqft lot
Land for sale
0
$10,500
--Bd
--Ba
2acres lot
Land for sale
0
$215,000
13
4Bds
2Ba
1,308sqft
Single family for sale
0
$99,900
--Bd
--Ba
12.63acres lot
Land for sale
0
$163,000
--Bd
--Ba
21acres lot
Land for sale
Hot 
0
$209,900
4Bds
2Ba
2,048sqft
Single family for sale
0
$385,000
3Bds
2Ba
1,440sqft
Single family for sale
0
$184,000
2Bds
2Ba
928sqft
Single family for sale
0
$600,000
--Bd
--Ba
75acres lot
Land for sale
0
$925,000
3Bds
3Ba
2,578sqft
Single family for sale
0
$369,900
5Bds
3Ba
2,307sqft
Single family for sale
Realtracs as distributed by MLS GRID
No HOA 
0
$589,000
--Bd
--Ba
87acres lot
Land for sale
0
$2,400,000
4Bds
2Ba
2,644sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$229,500
3Bds
2Ba
1,625sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$229,900
6
3Bds
2Ba
2,062sqft
Single family for sale
0
$204,900
3
3Bds
2Ba
1,303sqft
Single family for sale
0
$369,900
4Bds
2Ba
1,880sqft
Single family for sale
Realtracs as distributed by MLS GRID
0
$175,000
3Bds
2Ba
1,560sqft
Manufactured for sale
0
$300,000
1Bd
1Ba
500sqft
Single family for sale
0
$169,500
2
3Bds
1Ba
1,292sqft
Single family for sale
3D Tour 
0
$215,000
3Bds
2Ba
1,800sqft
Manufactured for sale
No HOA 
0
$35,500
3Bds
2Ba
--sqft
Single family for sale
Hot 
0
$184,900
17
3Bds
2Ba
1,100sqft
Single family for sale
New Construction 
0
$289,000
6
3Bds
2Ba
1,425sqft
Single family for sale
0
$219,000
--Bd
--Ba
7.5acres lot
Land for sale
Realtracs as distributed by MLS GRID
No HOA 
0
$57,500
--Bd
--Ba
4.34acres lot
Sale Pending
- Homes For Sale
- Alabama
Map
Houses For Sale in Other Alabama Cities
Houses For Sale in Alabama by Price
Homes For Sale in Alabama by Type and Style
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
