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Alabama Home Sales Surge 7.3%, Prices Hit $230K

6/21/2025

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Story summary
  • Alabama's housing market saw a 7.3% increase in home sales from April and 6.5% year-over-year in May.
  • The median home price climbed to $230,130, reflecting a 2.3% rise from April.
  • Total home sales value reached $1.7 billion, marking a 10.4% increase from April and 26.9% from 2024.
  • Listings reached a five-year high, providing more options for buyers despite higher prices.
  • Homes spent an average of 58 days on the market, slightly longer than in April.