The Alabama housing market is somewhat competitive. The median sale price of a home in Alabama was $322K last month, up 5.7% since last year. The median sale price per square foot in Alabama is $210, up 3.2% since last year.
In March 2024, Alabama home prices were up 5.7% compared to last year, selling for a median price of $322K. On average, homes in Alabama sell after 57 days on the market compared to 36 days last year. There were 130 homes sold in March this year, up from 120 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$321,798
+5.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Alabama, FL
$321,799
+5.7%
United States
To compare other locations to the Alabama and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lehigh Acres add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Alabama housing market?
Alabama is somewhat competitive. Homes sell in 54 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 24 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Lehigh Elementary School
Public • PreK-5 • Choice school
1202
Students
15 reviews
3/10
Veterans Park Academy For the Arts
Public • PreK-8 • Choice school
1714
Students
13 reviews
2/10
G. Weaver Hipps Elementary School
Public • PreK-5 • Choice school
817
Students
12 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Alabama housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Alabama.
Risk Factor
Flood Factor - Severe
48% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Alabama has a severe risk of flooding. 73 properties in Alabama are likely to be
severely affected
by flooding over the next 30 years. This represents 48% of all properties in Alabama. Flood risk is increasing faster than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Alabama has a moderate risk of wildfire. There are 20 properties in Alabama that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Alabama.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Alabama has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Alabama is most at risk from hurricanes. 258 properties in Alabama have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 165 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 179 mph.