Huntsville, AL Housing Market Report | March 2025

Key Takeaways

Sales are up 8.7%, while inventory continues to climb—up 46.3%—signaling a healthier, more balanced market with opportunities for both buyers and sellers.
Sales and listings are both up year over year, pointing to an active market. Prices are stable with slight appreciation in the median price.

If you want to find out your home’s value, we’ve got a free home valuation tool pinned at the top of the comments. There’s been a bit of an uptick in prices in some areas, but a lot depends on your school district and location. Inventory growth has been strong, which means more opportunities for buyers.

Days on market are increasing, which tells us homes are sitting longer than in past years—but it’s still within a healthy range. Based on inventory levels and days on market, we’re currently in what’s considered a balanced market.

Prices are holding steady with modest gains, which is great news for buyers looking to build equity. Sellers are also seeing strong value, while the increase in inventory and longer days on market have given buyers more breathing room. We're starting to see a bit of a shift as we move into the spring season. Multiple offers and full-price contracts are returning for the most desirable homes across all price points.

Huntsville, AL Housing Market Report

In the Huntsville submarket, the median sales price is up $7,000 year over year—from $320,000 to $327,000—about a 2% increase. Homes sold also saw a significant jump, up 13.4% from 536 to 608. There's a lot more inventory for Huntsville buyers, with a 39.4% increase—from 1,814 homes to 2,530.

Athens, AL Housing Market Report

In the Athens submarket, the median sales price is down $9,000 year over year—from $319,000 to $310,000. Fewer homes are being sold in Athens, so that median sales price tends to fluctuate more. The number of homes sold is relatively flat—176 this year compared to 187 last year—which is a 6% increase. Inventory is up as well, with a 31% increase. Athens buyers now have nearly 1,000 homes to choose from—951 compared to 725 at this time last year.

Morgan County Housing Market Report

Morgan County, which includes Decatur, Hartselle, and Priceville, saw the median sales price rise by $12,000—from $243,000 to $255,000—making it one of the more affordable markets in the area. The number of homes sold is relatively flat—109 this year compared to 114 last year. But there’s been a big jump in inventory, up 72.3% from 307 to 529. So there are a lot of affordable options available in Morgan County right now.

Overall North Alabama Housing Market Snapshot

Homes Sold & New Listings

Across the overall market, homes sold are up 8.7%, reaching 1,162 compared to 1,069 this time last year. Nationally, we kind of hit the bottom of the market at around 4 million homes sold, which is about as low as it gets compared to 6 million during the COVID period. Five million is closer to the norm, so it’s good to see signs of recovery—even with rates still a bit higher.

One of the biggest updates is that new listings are back to pre-pandemic levels. Buyers now have a more reasonable amount of options. New listings are up 15.1% year over year—from 1,402 to 1,614. That helped push overall inventory up 27.2%, from 3,175 to 4,035.

Days on Market, Pending Sales, & Closed Sales

Homes are staying on the market longer. Days on market are up 38.3%, moving from an average of 47 days to 65 days.

Pending sales are up 3%, from 1,213 to 1,244. Closed sales also increased by 5.1%, from 974 to 1,006.

Median Sales Price & Housing Affordability

The median sales price for the overall market is down 1.5%, sitting at about $305,000. Prices have been relatively flat. The average sales price is up 3.1%, from $340,502 to $353,863, which is about on pace with inflation and still below the national average.

The affordability index is at 96. That number compares median household income to the median home price. A score of 100 means the market is considered affordable. We've been just under that for a while, but we’re inching closer to the 100 mark. That’s a good sign as we move into spring and summer, especially if interest rates start to improve.

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