Alabama housing market sees strong growth in May, inventory hits five-year high

Alabama’s housing market showed strong signs of growth in May, with increases in home sales, prices, and total sales volume compared to both the previous month and the same time last year, according to the latest Alabama Economic and Real Estate Report from the Alabama Association of REALTORS®. A total of 6,214 homes were sold in May 2025, marking a 7.3% increase from April and a 6.5% increase compared to May 2024. The median home price rose to $230,130, which is 2.3% higher than April’s figure and 6.7% higher—or $14,510 more—than a year ago. RELATED: Alabama housing market shows annual growth