Property prices for sale in Alabama region

The average price in the Alabama region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.

$379,880.5
Average price last 6 months
$655.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Alabama has risen considerably in the last 6 months. During November, the average price per sq.feet was $922. The following month (December) the price had a considerable deflation reaching $324 per sq.feet. The following two months (January, February) went through a considerable deflation of 43 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 241 %. This has been obtained by comparing the price of $446.25 for the first four months of the sample with regard to the previous 4 months and the price of $1,075 per sq.feet for the last two months (March, April).

Average price

Based upon to the price in Alabama(region), this has increased in the last 6 months. November has an average price of $352,909. During December the price had a slight deflation till $334,068. The average price for the following two months (January, February) increased from $343,488.5 to $394,589. During the last two months the price has risen 109 % compared to the previous average values going from $369,038.75 a $401,564 in March and April.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 44 % more affordable than the average price in Alabama followed by those with 2 with an average price of $264,479. The most costly properties have 4 bedrooms. They are 19 % more expensive than the average followed by those properties with 3 bedrooms priced at $342,411.

Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $195 / sq.feet being $205 / sq.feet the average value within the Alabama region. The properties with the most expensive average price are those with 1 bedroom. These are 65 % more costly than the average followed by those with 4 bedrooms with a price of $302 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $405,045 it is 32 % more affordable than the average in Alabama. This is followed by "Land" with a price of $309,198. The dearest property type is "Condo" and is 21 % more expensive than the average, followed by "Apartment" with a cost of $463,030.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $119 / sq.feet, followed by "Townhouse" with a price of $159 / sq.feet. "Land" with an average price of $3,399 / sq.feet is the most costly type of property followed by "Condo" at a price of $378 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in region Alabama
$405,045
$205
929,630
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Cullman, Al. 4 Bed, 2 Bath
 22
Brand New Home In Cullman, Al. 4 Bed, 2 Bath
$300,985
Cullman, Alabama - For Sale - House - 2,106 sq.feet - 4 bedrooms - 2 bathrooms
This new construction, quick delivery home is the charle ii plan by lennar, and is located in the community of the magnolia at 1817 loebner ln se, cullman,...
Brand New Home In Opelika, Al. 3 Bed, 2 Bath
 22
Brand New Home In Opelika, Al. 3 Bed, 2 Bath
$264,993$267,993
Opelika, Alabama - For Sale - House - 1,941 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the austin plan by drb homes, and is located in the community of the borough at wyndham south at 3275 alana...
Brand New Home In Odenville, Al. 3 Bed, 3 Bath
 57
Brand New Home In Odenville, Al. 3 Bed, 3 Bath
$263,995
Odenville, Alabama - For Sale - House - 1,701 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the pearson plan by smith douglas homes, and is located in the community of the pines at ridgefield at 575...
Brand New Home In Bessemer, Al. 3 Bed, 2 Bath
 22
Brand New Home In Bessemer, Al. 3 Bed, 2 Bath
$329,995
Bessemer, Alabama - For Sale - House - 2,203 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the 5478 cedar creek park drive plan by smith douglas homes, and is located in the community of the fairway at...
Brand New Home In Athens, Al. 4 Bed, 2 Bath
 20
Brand New Home In Athens, Al. 4 Bed, 2 Bath
$336,990
Athens, Alabama - For Sale - House - 1,942 sq.feet - 4 bedrooms - 2 bathrooms
This new construction, quick delivery home is the trevi ii plan by lennar, and is located in the community of the nature's cove west at 14441 mountain stream...