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Price Drops in Alabama

37 cities with year-over-year price decreases

-38.4%

Biggest Drop

-13.4%

Avg Decline

Opportunity for Buyers

Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.

Biggest Price Declines

All Price Drops in Alabama

1 Daleville
-38.4%
$160K 85d on market 1.3 mo supply
2 Spanish Fort
-37.0%
$370K 155d on market 4.6 mo supply
3 Florence
-35.2%
$182K 30d on market 3.8 mo supply
4 Rainsville
-31.9%
$235K 64d on market 3.5 mo supply
5 Triana
-29.4%
$315K 134d on market 4.9 mo supply
6 Oneonta
-28.6%
$177K 104d on market 5.7 mo supply
7 Alexander City
-23.4%
$185K 93d on market 3.9 mo supply
8 Gadsden
-23.2%
$108K 82d on market 7.6 mo supply
9 Daphne
-23.1%
$269K 71d on market 4.8 mo supply
10 Arab
-21.9%
$250K 283d on market 5.2 mo supply
11 Hartselle
-21.1%
$217K 34d on market 5.0 mo supply
12 Irondale
-19.3%
$230K 52d on market 4.1 mo supply
13 Sylacauga
-15.5%
$174K 70d on market 2.9 mo supply
14 Harvest
-14.1%
$323K 98d on market 3.4 mo supply
15 Chelsea
-13.3%
$360K 69d on market 2.3 mo supply
16 Opelika
-13.2%
$292K 97d on market 2.4 mo supply
17 Fort Payne
-10.7%
$230K 68d on market 5.0 mo supply
18 Pleasant Grove
-10.3%
$240K 64d on market 4.5 mo supply
19 Pell City
-10.2%
$285K 60d on market 4.7 mo supply
20 Montgomery
-9.5%
$180K 82d on market 5.1 mo supply
21 Theodore
-9.0%
$187K 45d on market 2.2 mo supply
22 McCalla
-8.5%
$309K 143d on market 4.1 mo supply
23 Clay
-8.0%
$244K 49d on market 4.2 mo supply
24 Alabaster
-5.9%
$285K 77d on market 3.0 mo supply
25 Mountain Brook
-5.1%
$837K 30d on market 1.2 mo supply
26 Wetumpka
-4.7%
$250K 75d on market 1.8 mo supply
27 Highland Lakes
-4.1%
$647K 151d on market 3.7 mo supply
28 Columbiana
-4.0%
$265K 160d on market 2.5 mo supply
29 Pike Road
-3.7%
$455K 139d on market 5.4 mo supply
30 Robertsdale
-3.4%
$288K 61d on market 3.2 mo supply
31 Headland
-3.3%
$254K 83d on market 6.8 mo supply
32 Albertville
-3.2%
$259K 37d on market 2.0 mo supply
33 Tuscumbia
-2.3%
$180K 72d on market 5.3 mo supply
34 Homewood
-1.3%
$550K 35d on market 2.2 mo supply
35 Dauphin Island
-0.6%
$532K 106d on market 14.3 mo supply
36 Orange Beach
-0.3%
$670K 147d on market 7.7 mo supply
37 Huntsville
-0.0%
$325K 77d on market 4.0 mo supply

More Alabama Market Data

Markets with Price Corrections in Alabama

37 cities in Alabama are experiencing year-over-year price declines. The largest drop is in Daleville at -38.4%.

Why Prices Drop

Is It a Good Time to Buy?

Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.

Frequently Asked Questions

Where are home prices dropping in Alabama?

Several Alabama cities are experiencing year-over-year price declines. Our data tracks median home prices across all major Alabama markets, updated regularly. Check the city list above to see which areas have the largest price drops and best buying opportunities.

Why are home prices dropping in some Alabama cities?

Price drops typically occur when housing inventory increases faster than buyer demand. Contributing factors in Alabama include rising inventory from new construction, higher mortgage rates reducing buyer purchasing power, and market corrections in areas that saw rapid price appreciation.

Are Alabama home prices expected to keep dropping?

Market forecasts vary by city. Areas with growing inventory and slowing demand may see continued price softening, while cities with strong job growth and limited supply tend to stabilize. Monitor months of supply and price trends in your target Alabama city for the most accurate picture.

Should I buy in a Alabama city with falling prices?

Falling prices can present excellent buying opportunities, especially if you're planning to stay long-term. The key is understanding whether the decline is a temporary correction or a deeper structural issue. A local Alabama agent can help you evaluate specific neighborhoods and identify properties priced below market value.

How much have home prices dropped in Alabama?

Price changes vary significantly across Alabama cities. Some areas have seen modest 1-3% declines, while others may show larger drops of 5% or more. Use our city-level data above to see the exact year-over-year price change for each market.

Find Opportunities in Alabama

Work with a local agent who can help you identify value in changing markets.

Find an Agent