Here’s what homes cost right now in Alabama’s metro areas

House In Twickenham
Check out what homes cost in Alabama these days. (Nathan Watson / The Bama Buzz)

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

Homes Cost
In Fairhope, homes cost nearly $500k on average. (The Bama Buzz)

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

Homes Cost
Homes cost a little bit more in cities like Orange Beach. (The Bama Buzz)

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

Birmingham-Hoover MSA

  • 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 MSA

  • 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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Michael Seale
Michael Seale
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