Alabama Housing Market Sees Sales Growth In April As Spring Market Gains Momentum According To Monthly Economic Report

Alabama Housing Market Sees Sales Growth In April As Spring Market Gains Momentum According To Monthly Economic Report

Alabama’s housing market continued to gain momentum in April as home sales increased on both a monthly and yearly basis, according to the latest Alabama Economic and Real Estate Report released Wednesday by the Alabama Association of REALTORS®.

“Home sales in Alabama increased in April, both month-over-month and year-over-year, signaling continued strength in the state’s housing market as the spring buying season progresses,” Alabama REALTORS® economist Evan Moore said. “At the same time, inventory continues to improve, giving buyers more options while maintaining healthy price appreciation for homeowners.”

The monthly report showed Alabama recorded 6,214 home sales in April, an increase of 14.3% from March and 7.3% higher than April 2025.

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Alabama’s median home price in April reached $263,518, rising 0.6% from March and increasing 15.2% year-over-year.

The sold volume for April totaled $1.84 billion, an increase of 17.9% from March and of 19.5% from April 2025.

Housing inventory also continued to improve during the month. Active listings reached 20,928 at the end of April, representing a 9.3% increase compared to the 19,144 listings one year ago and a 2.8% increase over March levels. Despite rising inventory, months of supply declined as stronger sales activity absorbed available listings.

Homes also sold more quickly in April as average days on market fell to 59 days, a full week lower than March and only two days higher than the same period last year.

The report also reintroduced a “Rates Snapshot” section as mortgage rates have increased over the last two months amid persistent inflation concerns. Economists noted that while rising rates could create affordability challenges moving forward, Alabama’s broader economic conditions remain relatively strong, supported by steady employment figures and continued growth in new home construction permits.

Foreclosure activity increased 5.0% from March and 39.8% year-over-year in April, but economists emphasized that foreclosure levels remain well below pre-pandemic benchmarks and reflect a continued normalization from pandemic-era activity rather than widespread economic distress.

“Consumer confidence indicators remain mixed, and some of April’s increase in activity may reflect pent-up demand following a slower first quarter,” Moore said. “Even so, Alabama’s housing market continues to demonstrate resilience, supported by steady job growth, improving inventory conditions, and sustained buyer demand.”