AL · Metro #114

Huntsville - AL housing market

The Huntsville metro has a typical home value of $318,078, up 0.8% from a year ago. Homes sell in 21 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$318,078
+0.8% vs. year ago
Median sale price
$314,502
+4.4% YoY
Median list price
$360,779
Sale-to-list ratio
98.2%
Selling below ask
Days on market
21d
Listings w/ price cut
26.6%
New listings / mo
891
+9.2% YoY
Homes for sale
3,154
+13.7% YoY
Typical rent
$1,381/mo
+1.3% YoY
Context

How to read this data

The typical home value ($318,078) is the Zillow Home Value Index for the Huntsville - AL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.8% over the past year. In Huntsville - AL, that means a home worth $315,554 last year is now worth roughly $318,078.

The median sale price , what homes actually close for , is $314,502. Homes are selling at 98.2% of list price, meaning buyers have room to negotiate.

Homes listed in Huntsville - AL sit on the market for roughly 21 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 891 new listings hit the market each month in Huntsville - AL. There are currently 3,154 homes for sale, up 13.7% from a year ago.

The typical monthly rent in Huntsville - AL is $1,381, up 1.3% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in AL

MetroHome value1-yr changeDays on market
Birmingham - AL$263,726 +2.0% 18.0d
Mobile - AL$198,132 +-0.0% 28.0d
Montgomery - AL$215,528 +3.8% 24.0d
Tuscaloosa - AL$221,785 +0.3% 31.0d
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