Enterprise, AL metro area Housing Market
Cold MarketComprehensive housing market data for the Enterprise, AL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$244K
↑ 13.7% YoY
Days on Market
97 days
↑ 29.3% YoY
Active Inventory
309
↑ 24.6% YoY
Homes Sold
62
↓ 6.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Enterprise, AL metro area Market Summary
The Enterprise, AL metro area housing market is cooling down. As of March 2026, the median home sale price is $244K, up 13.7% year-over-year. Homes are spending a median of 97 days on the market, 29.3% longer than a year ago.
There are 309 homes for sale — 24.6% more than last year. With 5.0 months of supply, this is a balanced market. 122 new listings were added during this period, up 38.6% year-over-year.
Homes are selling for 97.8% of their list price on average, suggesting room for negotiation. 9.7% of homes sell above their asking price. 19.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Alabama Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 44% below the national median, which could indicate stronger cash flow potential.
Enterprise, AL metro area Market Trends
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Detailed Market Metrics
Median List Price
$295K
Price per Sq Ft
$144
Sale-to-List Ratio
97.8%
Months of Supply
5.0
Sold Above List
9.7%
Price Drops
19.7%
New Listings
122
↑ 38.6% YoY
Pending Sales
126
Off Market in 2 Weeks
29.4%
Other Markets in Alabama
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$380K · 78d on market
Mobile, AL metro area
$240K · 53d on market
Montgomery, AL metro area
$275K · 67d on market
Tuscaloosa, AL metro area
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Auburn, AL metro area
$342K · 36d on market
Decatur, AL metro area
$253K · 68d 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.