Alabama Home Prices and Home Values

Zillow Home Value Index
What's this?
Close
Zillow Home Value Index
Mid-point of Zestimate valuations for Alabama. Half the Zestimates are above this number and half are below it.
Median list price ($)
What's this?
Close
Median list price ($)
Mid-point of the list price for homes listed on Zillow in Alabama, or the asking price.
Median sale price ($)
What's this?
Close
Median sale price ($)
Mid-point of the price homes have sold for in Alabama. Half the homes sold above this number and half sold below.
Zillow Rent Index
What's this?
Close
Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Alabama. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
What's this?
Close
Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Alabama. Half the homes have rent prices above this number and half are below.
Total homes sold
What's this?
Close
Total homes sold
Total number of homes sold in Alabama during the prior 30 days.
Median value per sq. ft. ($)
What's this?
Close
Median value per sq. ft. ($)
Mid-point of the value of all homes in Alabama, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
What's this?
Close
Median list price / sq. ft. ($)
Mid-point of Alabamas list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
What's this?
Close
Median sale price / sq. ft. ($)
Mid-point of Alabamas sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
What's this?
Close
Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Alabama, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
What's this?
Close
Median rent list price / sq. ft. ($)
Mid-point of Alabamas rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
What's this?
Close
Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Alabama (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
What's this?
Close
Listings with price cut (%)
The percentage of current listings on Zillow in Alabama whose price has been reduced in the last 30 days.
Median price cut (%)
What's this?
Close
Median price cut (%)
Mid-point of the percentage of price reduction for homes in Alabama whose prices have been reduced in the past full month.
Sold for loss (%)
What's this?
Close
Sold for loss (%)
The percentage of homes in Alabama that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
What's this?
Close
Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
What's this?
Close
Homes foreclosed
The number of homes in the Alabama per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
What's this?
Close
Foreclosure re-sales (%)
The percentage of home sales in a given month in Alabama where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
What's this?
Close
Increasing values (%)
The percentage of homes in Alabama whose values have increased in the past year.
Decreasing values (%)
What's this?
Close
Decreasing values (%)
The percentage of all homes in Alabama whose value has fallen in the last year.
Sold in past year (%)
What's this?
Close
Sold in past year (%)
The percentage of all homes in Alabama that were sold in the past 12 months.

1.13%
-16.7%Y-o-Y

Calculated 05/15/2012^*
^*Includes data and transactions through 04/30/2012

Embed this chart: Zillow Home Value Index

Sizes:: Small (180x300); Medium (300x310); Large (450x340)

Copy and paste this code:

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2012
4	Alabama	-5.1%	-8.9%	-16.7%	1.13%
394311	Albertville Metro
394313	Alexander City Metro
394333	Anniston Metro
394351	Auburn Metro
394388	Birmingham Metro
394511	Cullman Metro
394519	Daphne Metro
394523	Decatur Metro
394537	Dothan Metro
394571	Enterprise Metro
394575	Eufaula Metro
394598	Florence Metro
394607	Fort Payne Metro
394620	Gadsden Metro
394698	Huntsville Metro
394870	Mobile Metro	-4.4%	-4.6%	-10.8%	3.61%
394875	Montgomery Metro
395073	Scottsboro Metro
395083	Selma Metro
395145	Talladega Metro
395165	Troy Metro
395171	Tuscaloosa Metro
395172	Tuskegee Metro
395184	Valley Metro