Alabama Housing Market
Home prices in Alabama were up 2.0% year-over-year in June. At the same time, the number of homes sold rose 0.4% and the number of homes for sale rose 8.1%.
Home prices in Alabama were up 2.0% year-over-year in June. At the same time, the number of homes sold rose 0.4% and the number of homes for sale rose 8.1%.
What is the housing market like right now?
In June 2025, home prices in Alabama were up 2.0% compared to last year, selling for a median priceof $299,500. On average, the number of homes sold was up 0.4% year over year and there were 5,607 homes sold in June this year, up 5,591 homes sold in June last year. The median days on the market was 50 days, up 1 year over year.…
The direction and pace at which home prices are changing are indicators of the strength of the housing market andwhether homes are becoming more or less affordable. The median price of a home in the United States is currently $299,500.…
The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $299,500.
Are there enough homes for sale to meet buyer demand?
In June 2025, there were 27,492 homes for sale in Alabama, up 8.1% year over year.The number of newly listed homes was 6,783 and down 3.4% year over year. The average months of supply is 4 months, up 0 year over year. …
The direction and pace at which housing supply changes indicate whether the options for buyers are increasing or decreasing. Theycan also indicate whether homes are lingering on the market or being sold faster than sellers are listing them. There are currently 27,492 residential homes for sale in the United States.…
The direction and pace at which housing supply changes indicate whether the options for buyers are increasing or decreasing. They can also indicate whether homes are lingering on the market or being sold faster than sellers are listing them. There are currently 27,492 residential homes for sale in the United States.
How competitive is the market?
In June 2025, 18.0% of homes in Alabama sold above list price, down 1.8 points yearover year. There were only 28.4% of homes that had price drops, up from 25.0% of homes in June last year. There was a 97.7% sale-to-list price, down 0.36 points year over year. …
Homes that sold above list price likely received multiple offers. A high or growing percentage of homes selling above listprice indicates that the housing market is competitive and bidding wars are becoming more common. A low or shrinking percentage of homes selling above list price suggests that the market is becoming less competitive.…
Homes that sold above list price likely received multiple offers. A high or growing percentage of homes selling above list price indicates that the housing market is competitive and bidding wars are becoming more common. A low or shrinking percentage of homes selling above list price suggests that the market is becoming less competitive.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 8,800 | ||
2 | 6,700 | ||
3 | 5,800 | ||
4 | 5,300 | ||
5 | 5,000 | ||
6 | 4,500 | ||
7 | 4,400 | ||
8 | 4,300 | ||
9 | 3,500 | ||
10 | 3,500 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 36,700 | ||
2 | 29,800 | ||
3 | 22,800 | ||
4 | 20,000 | ||
5 | 19,600 | ||
6 | 10,100 | ||
7 | 4,400 | ||
8 | 4,400 | ||
9 | 3,600 | ||
10 | 2,300 |
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