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Alabama Median Home Price Hits $287,750 in July

By Markets Desk · 2026-09-19 · 1 min read
A quiet suburban street lined with single-family homes and green lawns.
Illustration: Tradingbird

Alabama's median home price rose 19.6% year-over-year to $287,750 in July. Sales volume climbed to $2.44 billion.

The median home price in Alabama reached $287,750 in July. This represents a $47,166 increase from the same month last year. The annual growth rate stands at 19.6%.

Home sales totaled 7,361 units in July. This marks a rise of 1,215 units compared to July 2025. Total sold volume hit $2.44 billion.

Metro markets show mixed performance

Birmingham recorded 1,180 home sales in August. The median price in this metro stood at $329,950. Inventory dropped 15.4% year-over-year to 4,455 units.

Huntsville saw sales increase 10.7% to 711 units. The median price rose to $345,000. Days on market fell 19.2% to 42 days.

Statewide volume and inventory data

Active listings reached 22,006 at the end of July. This is a 6.3% increase from the 20,698 listings a year prior. Sold volume grew 39.4% annually.

Foreclosures numbered 704 in July. This reflects a 28.3% year-over-year increase. The figure remains below the 849 foreclosures recorded in July 2019.

Market outlook for late summer

Experts project home sales will surpass last year's totals. Strong buyer demand is expected to support the market. GN auto markets/housing: housing prices data confirms this trend. Inventory levels remain tight in major metros.

Based on reporting by thebamabuzz.com, compiled by the Tradingbird desk.

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