10/01/2026
Alabama Home Sales Beat Last Year’s Pace
As we move through mid-Q3, Alabama’s real estate market continues to offer opportunities for buyers and sellers alike. There were 6,680 home sales across the state, a 9.3% dip from the previous month—right in line with the usual seasonal slowdown as summer wraps up. Prices also adjusted a bit, with the median home price now around $277,800, down 3.5% from early Q3. The total value of homes sold reached $2.19 billion, which is a 10.2% decrease month-over-month.
One encouraging sign for buyers: there’s more to choose from. With 22,360 active listings and housing supply expanding from 4.1 months to 4.6 months, the market is offering greater flexibility for those searching for the right fit. Mortgage rates held steady near 7%, and with the affordability index staying at 90, I know many families are still feeling the pinch—especially if you’re looking for your first home or making a move for your next chapter.
An economist recently noted that prices may soften a bit more into late Q3, and we could see further cooling as seasonal trends and rates play their part. Through every market shift, my commitment is to guide you through the process with expertise and care, making your home search as smooth and enjoyable as possible. Let’s journey together to find the place that feels just right for you.