The Alabama housing market is somewhat competitive. The median sale price of a home in Alabama was $333K last month, up 5.0% since last year. The median sale price per square foot in Alabama is $212, up 12.2% since last year.
In October 2024, Alabama home prices were up 5.0% compared to last year, selling for a median price of $333K. On average, homes in Alabama sell after 54 days on the market compared to 42 days last year. There were 173 homes sold in October this year, up from 146 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$333,275
+5.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Alabama, FL
$333,275
+5.0%
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.
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How hot is the Alabama housing market?
Alabama is somewhat competitive. Homes sell in 50 days.
0
100
46
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 50 days.
Hot homes
can sell for around list price and go pending in around 18 days.
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.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Alabama has a minor risk of flooding. 1 properties in Alabama are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Alabama. Flood risk is increasing slower than the national average.
28% of properties are at risk of wildfire over the next 30 years
Fire Factor
Alabama has a moderate risk of wildfire. There are 359 properties in Alabama that have some risk of being affected by wildfire over the next 30 years. This represents 28% of all properties in Alabama.