Alabama experienced 5,438 homes sales in March, which is 435 more than in February (an 8.25% rise) but a decrease from the 776 sales in the same period one year ago (a 12.5%. drop).
According to data from the Alabama Association of Realtors, March had a 5.3-month housing supply, which was 1.1 months more than the 4.2 months at the same time in 2025 and just slightly lower than February’s 5.4 months.
During March, Alabama’s median home price of $262,009 was a 4.8% month-over-month increase and a 20.8% year-over-year spike. The sold dollar volume in March, which is the combined sales price of all homes closed during the month, was $1.56 billion, a 9.1% increase month-over-month, but a 1.9%, or $30 million, decrease compared to the same period last year.
Foreclosures witnessed a 21.3% month-over-month increase and rose 54.8% year-over-year.
“Sellers across Alabama continue to benefit from record-level equity and consistent price growth, while buyers are finding relief in the most diverse inventory landscape in several years,” said Evan Moore, the association’s economist. “The statewide market is on track to maintain its traditional seasonal upward trajectory, but it is likely to be more subdued than in previous years.”
Photo: Andrew S. / Flickr Creative Commons
