University Area, AL Housing Market
The University Area housing market is very competitive. The median sale price of a home in University Area was $415K last month, up 56.0% since last year. The median sale price per square foot in University Area is $409, up 69.7% since last year.
University Area Housing Market Trends
In March 2024, University Area home prices were up 56.0% compared to last year, selling for a median price of $415K. On average, homes in University Area sell after 17 days on the market compared to 22 days last year. There were 46 homes sold in March this year, up from 36 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the University Area housing market?
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 15 days.
- Hot homescan sell for around list price and go pending in around 4 days.
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 5% below list price and go pending in around 13 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
Home offer insights for University Area
Recent offers
View houses in University Area that sold recently
Recently sold homes
- Sign in for price Last Sold Price—beds—baths—sq ft1009 12th St #4, Tuscaloosa, AL 35401Days on Market—1009 12th St #4, Tuscaloosa, AL 35401
- $271,0002 beds2 baths1,113 sq ft700 15th St #3302, Tuscaloosa, AL 35401Days on Market—700 15th St #3302, Tuscaloosa, AL 35401
- Sign in for price Last Sold Price2 beds1 bath1,227 sq ft1018 Hackberry Ln #202, Tuscaloosa, AL 35401Days on Market—1018 Hackberry Ln #202, Tuscaloosa, AL 35401
- $590,000 Last Sold Price2 beds2 baths1,227 sq ft1018 Hackberry Ln #307, Tuscaloosa, AL 35401List Price$619,900Sale to List5% under listDays on Market40 days1018 Hackberry Ln #307, Tuscaloosa, AL 35401
- Sign in for price Last Sold Price—beds—baths1,434 sq ft1002 Elmwood Dr, Tuscaloosa, AL 35401Days on Market—1002 Elmwood Dr, Tuscaloosa, AL 35401
- Sign in for price Last Sold Price—beds—baths—sq ft1009 12th St #35, Tuscaloosa, AL 35401Days on Market—1009 12th St #35, Tuscaloosa, AL 35401
- $310,0002 beds2 baths1,113 sq ft700 15th St #3402, Tuscaloosa, AL 35401Days on Market—700 15th St #3402, Tuscaloosa, AL 35401
- Sign in for price Last Sold Price3 beds2 baths1,410 sq ft600 13th St E #113, Tuscaloosa, AL 35401Days on Market—600 13th St E #113, Tuscaloosa, AL 35401
See all recently sold homes in University Area.
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Schools in University Area
- Elementary
- Middle
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GreatSchools Rating
No elementary schools in this region.
Climate's impact on University Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in University Area.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in University Area
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