What is the typical home value in Tuscaloosa - AL?

The typical home in Tuscaloosa - AL, AL is worth $221,785 as of the most recent Zillow Home Value Index reading. Year over year the value has changed by +0.3%.

How long do homes stay on the market in Tuscaloosa - AL?

The median days to pending (time on market before a sale) in Tuscaloosa - AL is currently 31 days. Shorter days on market indicate a seller's market; longer days indicate more buyer leverage.

Are sellers cutting prices in Tuscaloosa - AL?

21.3% of active listings in Tuscaloosa - AL have had a price reduction. This is a signal of softening seller expectations relative to buyer demand.

Is Tuscaloosa - AL a buyer's or seller's market?

Based on days-on-market, price-cut share, and year-over-year appreciation, Tuscaloosa - AL is currently a balanced market. Buyers should watch days-on-market and price-cut trends monthly.

Tuscaloosa - AL Housing Market | Home Values & Trends

How to read this data

The typical home value ($221,785) is the Zillow Home Value Index for the Tuscaloosa - 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 0.3% over the past year. In Tuscaloosa - AL, that means a home worth $221,122 last year is now worth roughly $221,785.

The median sale price , what homes actually close for , is $255,120. Homes are selling at 97.6% of list price, meaning buyers have room to negotiate.

Homes listed in Tuscaloosa - AL sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 281 new listings hit the market each month in Tuscaloosa - AL. There are currently 1,077 homes for sale, up 26.4% from a year ago.

The typical monthly rent in Tuscaloosa - AL is $1,480, up 4.6% year over year. For investors, the price-to-rent ratio here is roughly 12x annual rent.