AL · Metro #114

Huntsville - AL housing market

The Huntsville metro has a typical home value of $314,472, up 0.7% from a year ago. Homes sell in 26 days on average - a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$314,472
+0.7% vs. year ago
Median sale price
$309,278
+5.2% YoY
Median list price
$361,268
Sale-to-list ratio
97.7%
Selling below ask
Days on market
26d
Listings w/ price cut
23.7%
New listings / mo
768
+6.8% YoY
Homes for sale
2,798
+9.9% YoY
Typical rent
$1,369/mo
+1.8% YoY
Context

How to read this data

The typical home value ($314,472) 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 0.7% over the past year. In Huntsville - AL, that means a home worth $312,286 last year is now worth roughly $314,472.

The median sale price , what homes actually close for , is $309,278. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Huntsville - AL sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 768 new listings hit the market each month in Huntsville - AL. There are currently 2,798 homes for sale, up 9.9% from a year ago.

The typical monthly rent in Huntsville - AL is $1,369, up 1.8% 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$259,928 +1.8% 18.0d
Mobile - AL$195,585 -0.8% 25.0d
Montgomery - AL$211,758 +3.5% 23.0d
Tuscaloosa - AL$221,334 +0.2% 24.0d
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