Housing Prices in Pelham, AL

How much do homes in Pelham, AL cost?

Median List Price

$329,000

$176/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$14,000(+4.4%)

Key Takeaway

The list price of homes in Pelham has increased by 4.4% since last year.

Summary: The median home list price in Pelham was $329,000 in October 2024, up 4.4% from the previous year, and the median price per square foot was $176.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $219.9K$210K
-4.5%
3 $274.4K$275K
0.2%
4 $514.2K$499.9K
-2.8%
5+ $546.4K$562.9K
+3.0%

Summary: Pelham housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 3%.

Median List Price Compared To Nearby Cities

Alabaster-Helena
+18.4%
Hoover
+11.8%
Alabaster
+6.7%
Pelham
+4.4%

Housing Supply in Pelham, AL

How many homes are available in Pelham, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4474+68.2%

Summary: The Pelham real estate market had 74 homes for sale in October 2024, a 68.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 1123
+109.1%
4 1931
+63.2%
5+ 47
+75.0%

Summary: The Pelham housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 109.1%, 4 bedroom homes increased by 63.2%, and 5+ bedroom homes increased by 75%.

Days on Market for Pelham, AL

How long does it take to sell a home in Pelham, AL?

Average Listing Age

Oct 2023Oct 2024CHANGE
152 Days84 Days-44.6%

Summary: Homes in Pelham had an average listing age of 84 days in Oct 2024, down by 44.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Pelham, AL

Nearby Markets to Pelham, AL

What housing markets are near Pelham, AL?

MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS for the period 11/01/2022 - 11/01/2024

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Alabama