State housing market · September 2026 data

Alabama housing market

Across the 24 Alabama markets WealthyBud tracks, the midpoint median listing price is $294,325 as of September 2026, and 13 of 24 are priced below a year ago. Alexander City is the most expensive ($526,000) and Selma the least ($103,425).

Midpoint median list price
$294,325
24 markets
Markets down YoY
13/24
September 2026
Active listings
21,044
Tracked markets
30-yr mortgage rate
7.28%
2026-10-01

What are home prices in each Alabama market?

The table lists every Alabama market WealthyBud tracks with its median listing price, year-over-year change, days on market, active listings, price-to-income ratio and the income needed to buy the median home. Select a market for its full report.

Alabama housing markets — September 2026
MarketMedian list priceYoYDays on marketActivePrice-to-incomeIncome needed
Birmingham$289,950-3.3%614,7794.2$73,000
Huntsville$364,900-3.0%793,1784.4$91,000
Daphne$499,000-0.2%872,8386.7$123,000
Montgomery$275,575-4.0%671,3884.4$68,000
Mobile$259,950-1.9%661,3534.5$65,000
Auburn$399,450+0.5%669766.8$101,000
Tuscaloosa$326,900+2.2%639315.5$80,000
Florence$294,900-5.2%697885.1$73,000
Dothan$279,450+1.1%526224.9$69,000
Cullman$324,950-4.4%775485.3$79,000
Decatur$297,950+4.2%695404.7$73,000
Albertville$393,725+12.5%945026.5$98,000
Gadsden$255,125-10.2%703794.8$63,000
Talladega$249,450+3.1%673054.4$62,000
Anniston$229,675+4.3%613014.1$57,000
Alexander City$526,000-6.7%902989.2$129,000
Enterprise$308,925-3.7%682824.8$76,000
Fort Payne$294,200+3.7%802575.8$73,000
Scottsboro$294,450-5.1%711866.0$72,000
Ozark$242,450+1.1%621724.5$60,000
Eufaula$299,500+6.0%1101276.8$75,000
Troy$263,900+4.9%791195.5$64,000
Russellville$231,975-1.3%65894.5$57,000
Selma$103,425-34.9%80862.8$26,000

Are home prices rising or falling in Alabama?

Albertville posted the biggest year-over-year change in Alabama (+12.5%) and Selma the weakest (-34.9%). The midpoint change across the state's tracked markets is -0.7%, with 21,044 homes actively listed.

How much income do you need to buy a home in Alabama?

Buying the median listing with 20% down at the current 7.28% rate takes about $26,000 a year in Selma and $129,000 in Alexander City, keeping principal, interest and property tax at 28% of income.

Alabama housing market FAQ

What is the median home price in Alabama?
Across WealthyBud's 24 tracked Alabama markets, median listing prices have a midpoint of $294,325 as of September 2026, from $103,425 in Selma to $526,000 in Alexander City.
Are home prices falling in Alabama?
13 of 24 tracked Alabama markets have median listing prices below a year ago as of September 2026. The weakest is Selma at -34.9%.
What is the most expensive housing market in Alabama?
Alexander City has the highest median listing price among tracked Alabama markets at $526,000 (September 2026).
How much income do you need to buy a home in Alabama?
Buying the median listing with 20% down at the current 7.28% rate takes about $26,000 a year in Selma and $129,000 in Alexander City, keeping principal, interest and property tax at 28% of income. Insurance, HOA and PMI are excluded.

Working in Alabama real estate? See Alabama agent salary (BLS median $60,890) and how to get licensed. Compare states on the state hub index or see where prices are falling nationwide.

Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.