AL · Metro #114

Huntsville - AL housing market

The Huntsville metro has a typical home value of $316,645, up 0.7% from a year ago. Homes sell in 21 days on average - a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$316,645
+0.7% vs. year ago
Median sale price
$311,467
+6.1% YoY
Median list price
$361,581
Sale-to-list ratio
97.9%
Selling below ask
Days on market
21d
Listings w/ price cut
25.0%
New listings / mo
878
+9.1% YoY
Homes for sale
3,010
+12.9% YoY
Typical rent
$1,385/mo
+1.5% YoY
Context

How to read this data

The typical home value ($316,645) 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 $314,444 last year is now worth roughly $316,645.

The median sale price , what homes actually close for , is $311,467. Homes are selling at 97.9% 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 25.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 878 new listings hit the market each month in Huntsville - AL. There are currently 3,010 homes for sale, up 12.9% from a year ago.

The typical monthly rent in Huntsville - AL is $1,385, up 1.5% 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$262,556 +2.0% 17.0d
Mobile - AL$197,857 -0.4% 24.0d
Montgomery - AL$214,099 +3.7% 22.0d
Tuscaloosa - AL$223,201 +0.4% 28.0d
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