Alabama residential real estate highlights, home prices, and rental data from Zillow:
Alabama median listing prices and median price-per-square-foot for all home types:
- All homes: $169,900 at $90/SF.
- Single-family residential homes: $169,000 at $88/SF
- Condos: $210,000 at $177/SF
- Duplex and Triplex units: $119,900
- 2-Bedroom homes: $119,900 at $96/SF
- 3-Bedroom homes: $154,900 at $91/SF
- 4-Bedroom homes: $260,000 at $99/SF
- 5+ Bedroom homes: $344,900 at $100/SF
Alabama median rental prices and median rental price-per-square-foot:
- All homes: $925 at $0.64/SF
- Single-family residential: $950 at $0.64/SF
- Condos: $850 at $0.70/SF
- Duplex and Triplex units: $775 at $0.86/SF
- Multi-family residential: $770 at $0.77/SF
- 1-Bedroom homes: $725 at $1.07/SF
- 2-Bedroom homes: $738 at $0.75/SF
- 3-Bedroom homes: $925 at $0.68/SF
- 4-Bedroom homes: $1,395 at $0.63/SF
Alabama median sales prices and price-per-square-foot:
- All homes: $142,900 at $86/SF
- Single-family residential: $85/SF
- Condos: $127/SF
Alabama homes sold for a gain or loss:
- 79.1% of all homes sold above the previous home price
- 20.9% of all homes sold below the previous home price
- 8.5% of all listings had a price reduction this month with a median price cut of 4.2% (approximately $5,000)
- 8.7% of all single-family residential home listings had a price reduction this month with a median price cut of 4.3% (approximately $5,000)
- 6.8% of all condo listings had a price reduction this month with a median price cut of 3.3% (approximately $7,000)
3.4% of all homes in Alabama sold in the past 12 months.
The ZHVI (Zillow Home Value Index) rose by 0.5% over the past year, to $122,700.
Note: If any of the data is currently undisclosed, that is because the local jurisdictions currently do not share that data.
Discover more Alabama real estate news here or check out additional Zillow data.
