Alabama Real Estate Market• Updated
Market Pulse: Opportunity 📈
The Alabama real estate market is currently a Buyer's Market. Homes are retaining 96% of their value (Sale Price to List Price Ratio). With 21646 active listings and 4198 closed sales this month, inventory remains at 8.8 months of supply. Trends over the last half-year show median values moving up by 5%, while Average Days on Market has increased by 10%.
Top Listing & Buyer's Agents in Alabama
Detached Homes
Condo/Co-op
Townhomes
Mobile/Manufactured Homes
Multi-Family (2-4 Unit)
Alabama Real Estate Market Trends August 2026
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 613 | 82 | 381 | 65 | 1.1K |
| Detached Home | 3.4K | 3.7K | 10K | 2.1K | 19.2K |
| Mobile/Manufactured Home | 290 | 35 | 148 | 14 | 487 |
| Multi-Family (2-4 Unit) | 27 | 52 | 51 | 52 | 182 |
| Townhome | 269 | 38 | 340 | 16 | 663 |
Market Insights & FAQ
How is the real estate market in Alabama performing right now?
The data indicates a stable environment in Alabama. Inventory is at 8.8 months, meaning a balanced environment with steady turnover. Inventory levels provide a healthy range of options for prospective buyers.
What are the current pricing trends for Alabama real estate?
Currently, $275,000 represents the median entry point in Alabama. Over the past half-year, home values in Alabama have moved upward by approximately 5% based on regional transaction data.
Are sellers in Alabama getting their full asking price?
Buyers have room for negotiation in Alabama, with a Sale Price to List Price Ratio of 96.1%. On average, properties in Alabama are transitioning from active to sold status in 66 days.