Alabama Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Alabama?
The Alabama housing market is showing balanced conditions.
home values have grown a moderate 0.2% year-over-year. there are currently 869 homes on the market.
Median Home Value
$228,634
Zillow Home Value Index
Year-over-Year
+0.2%
Home value change
5-Year Change
+27.3%
Since 2021
Median Rent
$1,283/mo
Zillow Observed Rent Index
Active Listings
869
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Alabama vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Alabama: $1,283/mo (+3.3% YoY)
Rent vs. Buy Analysis
With a median home value of $228,634 and average rent of $1,283/mo, the price-to-rent ratio in Alabama is 14.9. A ratio under 15 generally favors buying.
Run Full Rent vs. Buy CalculatorTop Markets in Alabama
Explore housing data for 12 metro areas in Alabama. Click any market for detailed trends and analysis.
Daphne, AL
$362,161
Avg rent: $1,708/mo
Auburn, AL
$335,395
Avg rent: $1,212/mo
Huntsville, AL
$306,940
Avg rent: $1,293/mo
Birmingham, AL
$251,892
Avg rent: $1,385/mo
Cullman, AL
$245,411
Avg rent: $1,464/mo
Albertville, AL
$231,731
Avg rent: $1,511/mo
Decatur, AL
$222,754
Avg rent: $1,045/mo
Tuscaloosa, AL
$213,113
Avg rent: $1,532/mo
Florence, AL
$204,986
Montgomery, AL
$204,707
Avg rent: $1,375/mo
Dothan, AL
$187,002
Avg rent: $1,159/mo
Mobile, AL
$186,610
Avg rent: $1,253/mo
Continue Learning About Alabama
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.