Alabama Housing Market
Cold MarketHousing market data and trends for Alabama. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$284K
↑ 2.5% YoY
Days on Market
84 days
↑ 10.5% YoY
Active Inventory
20,211
↑ 1.8% YoY
Homes Sold
3,595
↑ 0.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Alabama Market Summary
The Alabama housing market is cooling down. As of January 2026, the median home sale price is $284K, up 2.5% year-over-year. Homes are spending a median of 84 days on the market, 10.5% longer than a year ago.
There are 20,211 homes for sale — 1.8% more than last year. With 5.6 months of supply, this is a balanced market. 6,119 new listings were added during this period, up 7.9% year-over-year.
Homes are selling for 96.6% of their list price on average, suggesting room for negotiation. 13.9% of homes sell above their asking price. 22.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 33% below the national median, which could indicate stronger cash flow potential.
Alabama Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$308K
Price per Sq Ft
$154
Sale-to-List Ratio
96.6%
Months of Supply
5.6
Sold Above List
13.9%
Price Drops
22.5%
New Listings
6,119
↑ 7.9% YoY
Pending Sales
5,628
Metro Areas in Alabama
Birmingham, AL metro area
$275K median
82 days
on market
Huntsville, AL metro area
$329K median
93 days
on market
Daphne, AL metro area
$383K median
104 days
on market
Mobile, AL metro area
$227K median
62 days
on market
Montgomery, AL metro area
$254K median
81 days
on market
Tuscaloosa, AL metro area
$286K median
55 days
on market
Auburn, AL metro area
$375K median
59 days
on market
Florence, AL metro area
$247K median
63 days
on market
Decatur, AL metro area
$220K median
71 days
on market
Dothan, AL metro area
$239K median
72 days
on market
Anniston, AL metro area
$185K median
62 days
on market
Cullman, AL metro area
$220K median
88 days
on market
Enterprise, AL metro area
$261K median
85 days
on market
Gadsden, AL metro area
$229K median
83 days
on market
Albertville, AL metro area
$263K median
146 days
on market
Talladega, AL metro area
$229K median
121 days
on market
Fort Payne, AL metro area
$229K median
83 days
on market
Alexander City, AL metro area
$375K median
72 days
on market
Scottsboro, AL metro area
$261K median
122 days
on market
Jasper, AL metro area
$195K median
58 days
on market
Ozark, AL metro area
$185K median
76 days
on market
Atmore, AL metro area
$156K median
50 days
on market
Selma, AL metro area
$239K median
147 days
on market
Eufaula, AL metro area
$159K median
88 days
on market
Troy, AL metro area
$292K median
78 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.