Jasper, AL metro area Housing Market

Cold Market

Comprehensive housing market data for the Jasper, 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

$215K

2.9% YoY

Days on Market

50 days

2.0% YoY

Active Inventory

203

1.0% YoY

Homes Sold

44

10.2% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Jasper, AL metro area Market Summary

The Jasper, AL metro area housing market is cooling down. As of March 2026, the median home sale price is $215K, up 2.9% year-over-year. Homes are spending a median of 50 days on the market, 2.0% shorter than a year ago.

There are 203 homes for sale — 1.0% more than last year. With 4.6 months of supply, this is a balanced market. 64 new listings were added during this period, up 3.2% year-over-year.

Homes are selling for 94.3% of their list price on average, suggesting room for negotiation. 18.2% of homes sell above their asking price. 27.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

86

Contributing Factors

Months of Supply 4.6
Days on Market 50
Price Drops 27.1%
Sale-to-List Ratio 94.3%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 50.8%
Days on Market (National: 55) 9.1%
Inventory (National: 1,314,690) 100.0%

vs. Alabama Median

Median Price (Alabama: $300K) 28.4%
Days on Market (Alabama: 69) 27.5%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 51% below the national median, which could indicate stronger cash flow potential.

Jasper, AL metro area Market Trends

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Detailed Market Metrics

Median List Price

$250K

Price per Sq Ft

$116

Sale-to-List Ratio

94.3%

Months of Supply

4.6

Sold Above List

18.2%

Price Drops

27.1%

New Listings

64

3.2% YoY

Pending Sales

57

Off Market in 2 Weeks

31.6%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.