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Here’s what homes cost right now in Alabama’s metro areas
The housing market all over the country has seen some drastic changes in the last five years, mostly trending in an upward direction and continuing to rise.
In Alabama, median home costs are much higher than they were just a few years ago, and in some metro areas, have increased by as much as 50 percent. Here’s what homes cost in Alabama’s Metropolitan Statistical Areas at the moment:
What homes cost in Alabama MSAs
The Alabama Center for Real Estate reports that the highest real estate index (REI) is in the Daphne-Fairhope-Foley MSA, followed by the Birmingham-Hoover MSA.
Statewide, ACRE shows a REI score of 62.6, which indicates a positive outlook for the Alabama real estate market moving forward. The median cost for a home in Alabama right now is $329,645, up from $322,500 this time last year.
Here’s the median price for homes in Alabama’s MSAs:
- Anniston-Oxford-Jacksonville: $200,000
- Auburn-Opelika: $392,650
- Birmingham-Hoover: $296,000
- Daphne-Fairhope-Foley: $499,900
- Decatur: $296,900
- Dothan: $260,000
- Florence-Muscle Shoals: $291,250
- Gadsden: $248,950
- Huntsville: $378,900
- Mobile: $259,000
- Montgomery: $309,900
- Tuscaloosa: $299,900
What homes cost right now in some of Alabama’s cities
Each Alabama MSA, of course, contains multiple municipalities. Here are where median home prices stand in some of the state’s major cities:
Anniston-Oxford-Jacksonville MSA
- Anniston: $169,900
- Oxford: $239,000
- Jacksonville: $209,900
Auburn-Opelika MSA
- Auburn: $447,000
- Opelika: $328,000
- Phenix City: $239,900
- Alabaster: $298,000
- Birmingham: $199,000
- Homewood: $454,000
- Hoover: $450,000
- Mountain Brook: $894,500
- Trussville: $385,000
- Vestavia Hills: $515,000
Daphne-Fairhope-Foley MSA
- Daphne: $323,000
- Fairhope: $499,000
- Foley: $313,000
- Orange Beach: $722,000
- Gulf Shores: $435,000
- Huntsville: $417,000
- Madison: $442,000
- Athens: $314,000
- Decatur: $279,000
Dothan MSA
- Dothan: $204,000
- Troy: $272,000
Florence-Muscle Shoals MSA
- Florence: $198,000
- Muscle Shoals: $330,000
- Sheffield: $133,000
- Tuscumbia: $188,000
Gadsden MSA
- Gadsden: $188,000
- Attalla: $125,000
- Rainbow City: $277,000
Mobile MSA
- Mobile: $170,000
- Dauphin Island: $575,000
- Saraland: $289,000
- Semmes: $241,500
Montgomery MSA
- Montgomery: $187,000
- Prattville: $237,000
- Millbrook: $200,000
- Wetumpka: $190,000
Tuscaloosa MSA
- Tuscaloosa: $268,000
- Northport: $285,000
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