Alabama Affordability
How affordable is Alabama real estate?
Public Record + Census ACS
Median Home Price
$487.9K
Median Household Income
$59,674
Affordability Index
8.18
vs National Avg
+19.9%
Cities in Alabama by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Anniston | $197.6K | 3.31 |
| 2 | Montgomery | $199.7K | 3.35 |
| 3 | Bessemer | $213.1K | 3.57 |
| 4 | Mobile | $227.8K | 3.82 |
| 5 | Alabaster | $234.2K | 3.92 |
| 6 | Arab | $248K | 4.16 |
| 7 | Wetumpka | $256.9K | 4.30 |
| 8 | Prattville | $282.3K | 4.73 |
| 9 | Tuscumbia | $283K | 4.74 |
| 10 | Birmingham | $307.7K | 5.16 |
| 11 | Cullman | $313.3K | 5.25 |
| 12 | Dothan | $331.2K | 5.55 |
| 13 | Athens | $376.6K | 6.31 |
| 14 | Northport | $393.2K | 6.59 |
| 15 | Pelham | $404K | 6.77 |
| 16 | Chelsea | $412.1K | 6.91 |
| 17 | Florence | $418K | 7.00 |
| 18 | Daphne | $421K | 7.05 |
| 19 | Fairhope | $426.3K | 7.14 |
| 20 | Tuscaloosa | $427.2K | 7.16 |
| 21 | Foley | $438.4K | 7.35 |
| 22 | Trussville | $450.1K | 7.54 |
| 23 | Gulf Shores | $526.7K | 8.83 |
| 24 | Vestavia Hills | $591K | 9.90 |
| 25 | Homewood | $593K | 9.94 |
| 26 | Owens Cross Roads | $863K | 14.46 |
| 27 | Huntsville | $921.6K | 15.44 |
| 28 | Orange Beach | $934.4K | 15.66 |
| 29 | Mountain Brook | $1.04M | 17.44 |
| 30 | Madison | $1.32M | 22.14 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.