I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Alabama
💡 Key Alabama housing market facts
| Data Point | Value | Rank | Compared to National Avg |
| Typical Home Value | $221,490[1] | #41 of 50 states | 37.5% lower |
| Median Listing Price | $329,645[2] | #36 of 50 states | 24.6% lower |
| Median Sale Price | $272,200[3] | #37 of 50 states | 30.2% lower |
| 30 Year Mortgage Rate | 7.06%[4] | #46 of 50 states | 1.2% higher |
| Median Days on Market | 55[5] | #35 of 50 states | 10.2% longer |
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🗺️ Buying a house in the Alabama real estate market
Alabama has an affordability score of 5.2, meaning it takes 5.2 years of the median household income ($52,035) to afford Alabama's median home sale price ($272,200). Because of this, we rank Alabama as the 21st most affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to National Avg |
| Median Sale Price | $272,200[6] | #37 of 50 states | 30.2% lower |
| 30 Year Mortgage Rate | 7.06%[7] | #46 of 50 states | 1.2% higher |
| Median Household Income | $52,035[8] | #45 of 50 states | 19.4% lower |
| Affordability Ratio | 5.2 | #21 of 50 states | 12.5% lower |
| Buyers Agent Commission | 2.70%[9] | #28 of 50 states | 0.9% higher |
Resources for Alabama home buyers
Preparing to buy in Alabama
Alabama home buying costs
🗺️ Selling a house in the Alabama real estate market
According to our detailed survey of Alabama real estate agents, listing agents (those representing the seller) charge an average commission in Alabama of 2.75%, which is the 13th lowest in the United States. Buyers' agents charge an average commission of 2.7%, which is the 23rd highest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $329,645[10] | #36 of 50 states | 24.6% lower |
| Median Sale Price | $272,200[11] | #37 of 50 states | 30.2% lower |
| Median Days on Market | 55[12] | #35 of 50 states | 10.2% longer |
| Buyer's Agent Commission | 2.70%[13] | #28 of 50 states | 0.9% higher |
| Listing Agent Commission | 2.75%[14] | #13 of 50 states | 3.7% lower |
Resources for Alabama home sellers
Preparing to sell in Alabama
- Average Time to Sell a House in Alabama
- When Is the Best Time to Sell a House in Alabama?
- Top Real Estate Agents in Alabama
Alabama home selling costs and requirements
Moving to Alabama
According to our recent moving trends survey[15], 9% of Americans indicated that they would choose to move to Alabama if money were no object. Likewise, 11% of survey respondents indicated that they would move to Birmingham among a choice of America's largest cities.
Here's how Alabama cities rank in a number of our research studies.
| Study | Best Alabama city | Rank |
| Best Pizza Cities[16] | Birmingham | 24th best |
| Best Coffee Cities[17] | Birmingham | 42nd best |
| Best LGBTQ Cities[18] | Birmingham | 47th best |
| Best Bike Cities[19] | Birmingham | 39th best |
| Best Commuter Cities[20] | Birmingham | 33rd best |