RealTrends Market Report

Alabama, AL

Single-Family Homes

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Alabama, AL

Tue May 28 2024
This week the median list price for Alabama, AL is $339,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 13,033. Click here to stay informed with the Alabama market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Alabama, AL

Tue May 28 2024
This week the median list price for Alabama, AL is $339,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 13,033. Click here to stay informed with the Alabama market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Alabama market.
Median List Price $339,000
Median Price of New Listings $319,900
Per Square Foot $163
Average Days on Market 102
Median Days on Market 56
Price Decreased 36%
Price Increased 5%
Relisted 6%
Inventory 13,033
Median Rent
Market Action 39
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$720,000 3,200 0.5 - 1 acre 4 3.5 17 254 217 70
$399,900 2,390 0.25 - 0.5 acre 4 3 15 297 308 49
$289,900 1,799 0.25 - 0.5 acre 3 2 19 289 390 42
$153,500 1,392 0.25 - 0.5 acre 3 2 61 372 500 49