States › Alabama
State
Alabama
64 counties with an index · 26 metro and micro areas · 376 ZIP codes · 131 permit-issuing places · 5,193,088 residents (2025 est.)
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.
Alabama's FHFA house price index starts in 1975. Through 2025 it has risen +528.4%; over the ten years to 2025 the rise was +77.2% (+5.9% a year), below the national +85.0%.
The quarterly index through 2026 Q2 is +3.7% on a year earlier and +1.4% on the quarter; nationally +3.0% and +1.1%.
The index peaked in 2008, fell −11.6% to 2013 and regained the peak in 2018; the national index fell −21.3% over 2007–2012.
21,308 housing units were authorised in Alabama in the 12 months to August 2026, 4.1 per 1,000 residents against 4.1 nationally; that is +13.8% on the previous 12 months. 64 counties, 26 metro and micro areas, 376 ZIP codes and 131 permit-issuing places in the state have their own pages.
Same span, state and nation
| Change in the FHFA index | Alabama | United States |
|---|---|---|
| 1 year (2024–2025) | +2.5% | +2.8% |
| 5 years (2020–2025) | +47.2% | +47.0% |
| 10 years (2015–2025) | +77.2% | +85.0% |
| 20 years (2005–2025) | +84.0% | +79.1% |
| Since 2000 | +121.3% | +158.3% |
| Since 1975 | +528.4% | +960.7% |
| 10-year annualised | +5.9% | +6.3% |
| 20-year annualised | +3.1% | +3.0% |
Decade by decade
| Decade | Change | United States | |
|---|---|---|---|
| 1980s (1980–1990) | +36.5% | +68.2% | |
| 1990s (1990–2000) | +38.0% | +33.9% | |
| 2000s (2000–2010) | +27.3% | +29.7% | |
| 2010s (2010–2020) | +18.1% | +35.5% | |
| 2020s so far (2020–2025) | +47.2% | +47.0% |
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.
Peak-to-low declines
| Peak | Low | Decline | Peak regained |
|---|---|---|---|
| 2008 | 2013 | −11.6% | 2018 |
Purchase-only index
FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.
Counties
Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.
| County | 1 year | 10 years | Since 2000 | Units, 12 months | Per 1,000 | Index through |
|---|---|---|---|---|---|---|
| Clay County | +26.6% | +131.9% | +188.4% | 6 | 0.4 | 2025 |
| Baldwin County | +2.3% | +102.8% | +172.3% | 3,355 | 12.5 | 2025 |
| Randolph County | +20.8% | +102.5% | +172.9% | 0 | 0.0 | 2025 |
| DeKalb County | +2.5% | +100.4% | +155.9% | 50 | 0.7 | 2025 |
| Cleburne County | 0.0% | +100.0% | +165.6% | 7 | 0.4 | 2025 |
| Crenshaw County | +47.3% | +95.0% | +144.6% | 3 | 0.2 | 2025 |
| Limestone County | +2.6% | +94.5% | +154.0% | 508 | 4.1 | 2025 |
| Tallapoosa County | +8.0% | +93.7% | +169.5% | 238 | 5.8 | 2025 |
| Madison County | +1.2% | +92.8% | +149.9% | 4,093 | 9.4 | 2025 |
| Jackson County | +5.8% | +91.0% | +157.3% | 53 | 1.0 | 2025 |
| Marshall County | +1.8% | +90.8% | +138.2% | 274 | 2.6 | 2025 |
| Cherokee County | +2.0% | +90.7% | +159.1% | 25 | 0.9 | 2025 |
| Hale County | +3.6% | +88.3% | +100.2% | 34 | 2.2 | 2025 |
| Colbert County | +7.3% | +87.9% | +149.7% | 81 | 1.4 | 2025 |
| Winston County | +1.8% | +87.9% | +159.0% | 3 | 0.1 | 2025 |
| Lee County | +4.7% | +86.6% | +138.9% | 2,680 | 14.1 | 2025 |
| Lauderdale County | +3.3% | +86.0% | +152.2% | 190 | 2.0 | 2025 |
| Morgan County | −0.4% | +84.0% | +121.6% | 431 | 3.4 | 2025 |
| Shelby County | +4.0% | +83.1% | +119.7% | 1,328 | 5.6 | 2025 |
| Fayette County | +11.0% | +80.5% | +109.5% | 0 | 0.0 | 2025 |
| Escambia County | +8.4% | +80.1% | +134.9% | 10 | 0.3 | 2025 |
| Mobile County | +2.2% | +79.4% | +122.9% | 1,187 | 2.9 | 2025 |
| Chambers County | +2.3% | +78.1% | +118.0% | 54 | 1.6 | 2025 |
| Lawrence County | −2.3% | +77.9% | +134.8% | 3 | 0.1 | 2025 |
| Lamar County | — | +77.8% | +103.0% | 0 | 0.0 | 2025 |
| Pickens County | +10.7% | +77.2% | +117.6% | 5 | 0.3 | 2025 |
| Calhoun County | +4.4% | +77.0% | +116.2% | 107 | 0.9 | 2025 |
| Walker County | +10.7% | +76.5% | +126.8% | 47 | 0.7 | 2025 |
| Henry County | +2.2% | +75.7% | +111.5% | 69 | 3.8 | 2025 |
| Cullman County | −0.3% | +75.6% | +124.4% | 258 | 2.7 | 2025 |
| Franklin County | +1.0% | +74.6% | +116.8% | 9 | 0.3 | 2025 |
| Etowah County | +3.5% | +74.1% | +120.3% | 117 | 1.1 | 2025 |
| Blount County | −0.7% | +72.5% | +107.6% | 14 | 0.2 | 2025 |
| Jefferson County | +2.2% | +72.5% | +117.8% | 2,771 | 4.2 | 2025 |
| St. Clair County | +0.6% | +71.4% | +115.3% | 448 | 4.6 | 2025 |
| Chilton County | −1.4% | +70.1% | +103.5% | 119 | 2.5 | 2025 |
| Marion County | +8.2% | +69.5% | +114.4% | 0 | 0.0 | 2025 |
| Bibb County | −1.2% | +68.5% | +109.3% | 21 | 0.9 | 2025 |
| Russell County | −3.6% | +66.8% | +102.7% | 163 | 2.8 | 2025 |
| Covington County | +3.6% | +66.4% | +131.9% | 13 | 0.3 | 2025 |
| Elmore County | +7.3% | +65.9% | +109.4% | 131 | 1.4 | 2025 |
| Tuscaloosa County | +3.3% | +65.3% | +116.6% | 581 | 2.4 | 2025 |
| Talladega County | +0.9% | +64.2% | +110.7% | 198 | 2.4 | 2025 |
| Autauga County | +1.8% | +63.4% | +101.3% | 217 | 3.5 | 2025 |
| Geneva County | +0.6% | +62.4% | +125.6% | 18 | 0.7 | 2025 |
| Coffee County | +5.1% | +60.1% | +123.7% | 185 | 3.2 | 2025 |
| Houston County | +2.8% | +59.0% | +97.2% | 517 | 4.7 | 2025 |
| Monroe County | −3.0% | +58.4% | +77.7% | 46 | 2.4 | 2025 |
| Macon County | +3.6% | +56.7% | +69.9% | 9 | 0.5 | 2025 |
| Washington County | +1.8% | +55.1% | — | 1 | 0.1 | 2025 |
| Dale County | −2.7% | +51.3% | +102.1% | 23 | 0.5 | 2025 |
| Choctaw County | — | +50.8% | — | 0 | 0.0 | 2025 |
| Pike County | +6.2% | +48.3% | +89.6% | 39 | 1.2 | 2025 |
| Butler County | −5.0% | +47.1% | +72.8% | 4 | 0.2 | 2025 |
| Montgomery County | +1.4% | +45.9% | +56.2% | 526 | 2.3 | 2025 |
| Lowndes County | — | +44.4% | — | 4 | 0.4 | 2025 |
| Sumter County | — | +41.8% | — | 6 | 0.5 | 2023 |
| Wilcox County | — | +39.6% | +59.8% | 0 | 0.0 | 2025 |
| Marengo County | −5.5% | +39.3% | +87.9% | 0 | 0.0 | 2025 |
| Barbour County | +0.6% | +34.3% | +57.7% | 13 | 0.5 | 2025 |
| Conecuh County | +7.9% | +33.3% | — | 1 | 0.1 | 2022 |
| Dallas County | +0.4% | +28.8% | +57.1% | 4 | 0.1 | 2025 |
| Clarke County | −1.8% | +27.3% | +78.4% | 12 | 0.5 | 2025 |
| Coosa County | +50.5% | — | — | 0 | 0.0 | 2025 |
Metro and micropolitan areas
Areas with any county in Alabama; multi-state areas appear under each of their states.
| Area | Type | 1 year | 10 years | Year to 2026 Q2 | Units, 12 months |
|---|---|---|---|---|---|
| Daphne-Fairhope-Foley, AL | Metro | +2.3% | +102.8% | +6.8% | 3,355 |
| Fort Payne, AL | Micro | +2.5% | +100.4% | — | 50 |
| Alexander City, AL | Micro | +8.0% | +93.7% | — | 238 |
| Huntsville, AL | Metro | +1.4% | +93.1% | +3.3% | 4,601 |
| LaGrange, GA-AL | Micro | 0.0% | +91.7% | — | 834 |
| Scottsboro, AL | Micro | +5.8% | +91.0% | — | 53 |
| Albertville, AL | Micro | +1.8% | +90.8% | — | 274 |
| Florence-Muscle Shoals, AL | Metro | +4.6% | +86.4% | +6.7% | 271 |
| Auburn-Opelika, AL | Metro | +4.6% | +85.4% | +1.3% | 2,689 |
| Decatur, AL | Metro | −0.7% | +83.1% | +2.0% | 434 |
| Mobile, AL | Metro | +2.2% | +79.4% | +2.1% | 1,187 |
| Anniston-Oxford, AL | Metro | +4.4% | +77.0% | +12.0% | 107 |
| Cullman, AL | Micro | −0.3% | +75.6% | — | 258 |
| Russellville, AL | Micro | +1.0% | +74.6% | — | 9 |
| Birmingham, AL | Metro | +2.4% | +74.3% | +3.4% | 4,748 |
| Gadsden, AL | Metro | +3.5% | +74.1% | +0.9% | 117 |
| Columbus, GA-AL | Metro | +4.0% | +69.7% | +1.4% | 619 |
| Talladega-Sylacauga, AL | Micro | +3.8% | +67.1% | — | 198 |
| Tuscaloosa, AL | Metro | +3.6% | +66.5% | −0.1% | 621 |
| Dothan, AL | Metro | +2.8% | +61.9% | −1.0% | 604 |
| Enterprise, AL | Micro | +5.1% | +60.1% | — | 185 |
| Montgomery, AL | Metro | +3.2% | +53.8% | +6.0% | 878 |
| Ozark, AL | Micro | −2.7% | +51.3% | — | 23 |
| Troy, AL | Micro | +6.2% | +48.3% | — | 39 |
| Eufaula, AL-GA | Micro | +0.7% | +36.4% | — | 35 |
| Selma, AL | Micro | +0.4% | +28.8% | — | 4 |
Building permits
Housing units authorised in Alabama by month, latest 60 monthssingle-family2+ unit buildings
Housing units authorised in Alabama by year, 1995–2025single-family2+ unit buildings
Single-family share of the latest 12 months: 81% (63% nationally). Since 1995: 579,375 units.
Year by year
Each year's index change and permits, with every county's figures for that year.
| Year | Alabama index | US index | Units permitted | Single-family |
|---|---|---|---|---|
| 2025 | +2.5% | +2.8% | 19,061 | 15,402 |
| 2024 | +4.5% | +4.9% | 20,725 | 17,423 |
| 2023 | +7.1% | +5.7% | 20,337 | 16,298 |
| 2022 | +15.9% | +15.5% | 19,499 | 15,961 |
| 2021 | +10.8% | +11.6% | 22,100 | 17,879 |
| 2020 | +4.1% | +3.0% | 19,982 | 17,551 |
| 2019 | +4.6% | +4.2% | 17,748 | 14,705 |
| 2018 | +4.4% | +5.7% | 14,824 | 12,978 |
| 2017 | +3.2% | +5.4% | 14,799 | 12,233 |
| 2016 | +2.7% | +5.3% | 15,001 | 11,692 |
| 2015 | +2.3% | +4.4% | 14,054 | 10,257 |
| 2014 | +1.3% | +6.2% | 13,369 | 9,506 |
| 2013 | −0.6% | +3.4% | 11,763 | 9,278 |
| 2012 | −1.5% | −1.8% | 13,506 | 9,184 |
| 2011 | −3.4% | −4.4% | 11,667 | 8,858 |
| 2010 | −4.4% | −5.1% | 11,261 | 8,702 |
| 2009 | −2.3% | −7.5% | 13,266 | 9,409 |
| 2008 | +0.9% | −4.5% | 17,464 | 12,017 |
| 2007 | +4.1% | +0.6% | 25,845 | 18,946 |
| 2006 | +7.9% | +6.6% | 32,034 | 24,132 |
| 2005 | +6.9% | +12.4% | 30,612 | 24,654 |
| 2004 | +3.3% | +9.2% | 27,411 | 22,392 |
| 2003 | +2.3% | +4.5% | 22,256 | 17,671 |
| 2002 | +2.2% | +5.4% | 18,403 | 15,145 |
| 2001 | +4.2% | +6.7% | 17,706 | 14,044 |
| 2000 | +3.2% | +8.3% | 17,406 | 13,672 |
| 1999 | +2.5% | +4.3% | 19,029 | 14,926 |
| 1998 | +3.8% | +3.7% | 20,533 | 14,655 |
| 1997 | +3.8% | +3.8% | 17,732 | 13,634 |
| 1996 | +3.4% | +3.2% | 19,868 | 14,566 |
| 1995 | +4.2% | +3.7% | 20,114 | 13,412 |
Cities issuing the most permits
Housing units authorised in the 12 months to August 2026; every place is listed on its county page.
- Huntsville 2,090
- Madison County Unincorporated Area 1,374
- Opelika 1,243
- Baldwin County Unincorporated Area 1,117
- Auburn 1,059
- Hoover 690
- Mobile County Unincorporated Area 658
- Birmingham 581
- Foley 565
- Athens 507
- Shelby County Unincorporated Area 440
- Tuscaloosa 430
- Madison 428
- Jefferson County Unincorporated Area 390
- Lee County Unincorporated Area 378
- Decatur 325
- Dothan 315
- Mobile 309
- Irondale 291
- Daphne 285
- Montgomery 281
- Fairhope 256
- Calera 249
- Loxley 229
- Pike Road 225
- Prattville 217
- Cullman 209
- Lincoln 196
- Silverhill town 192
- Enterprise 177
- Tallapoosa County Unincorporated Area 174
- Gulf Shores 169
- Summerdale town 168
- Florence 164
- Chelsea 156
- Orange Beach 149
- Triana 136
- Margaret 132
- Albertville 123
- Houston County Unincorporated Area 114
Questions and answers
How much have home values in Alabama risen over 10 years?
The FHFA index rose +77.2% between 2015 and 2025, +5.9% a year; over 20 years +84.0% and since 2000 +121.3%. Nationally: +85.0%, +79.1% and +158.3%.
Which Alabama counties rose most over 10 years?
Clay County (+131.9%), Baldwin County (+102.8%) and Randolph County (+102.5%), by FHFA's annual county index to 2025.
What happened to Alabama home prices in 2008?
The state index peaked in 2008, fell −11.6% to 2013 and regained its peak in 2018.
How many homes are being built in Alabama?
21,308 units were authorised in the 12 months to August 2026: 17,160 single-family and 4,148 in multi-unit buildings, 4.1 per 1,000 residents.
Where does this data come from?
FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.
Provenance
Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.