Tuscaloosa Market Report
$461,434
AVERAGE PRICE OF 619 HOMES$168,034
AVERAGE PRICE OF 16 DISTRESSED HOMES$2,055,838
AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES$501,232
AVERAGE PRICE OF 119 NEWLY BUILT HOMES$381,769
AVERAGE PRICE OF 23 REDUCED PRICE HOMESAverage Home
| Average Price | $461,434 |
| Avg Bedrooms | 2.48 beds |
| Avg Bathrooms | 2.05 baths |
Average Price by Bedrooms
| 1 bedroom | $398,333 |
| 2 bedrooms | $424,229 |
| 3 bedrooms | $335,421 |
| 4 bedrooms | $429,951 |
| 5 bedrooms | $871,279 |
Tuscaloosa Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 619 | 648 | 675 | 698 | 678 |
| Average Price | $489,021 | $467,418 | $462,000 | $458,342 | $447,290 |
| Avg Price Change | +4.62% | +1.17% | +0.80% | +2.47% | -1.97% |
| Median Price | $260,346 | $261,279 | $267,384 | $271,587 | $267,210 |
| Med Price Change | -0.36% | -2.34% | -1.57% | +1.64% | -0.57% |
| Avg Bedrooms | 2.49 beds | 2.36 beds | 2.37 beds | 2.33 beds | 2.31 beds |
| Avg Bathrooms | 2.11 baths | 1.92 baths | 1.92 baths | 1.89 baths | 1.82 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bryant | 110 | $241,330 | 101 days |
| Central | 90 | $280,025 | 97 days |
| Hillcrest | 130 | $261,923 | 97 days |
| Holt | 7 | $117,185 | 147 days |
| Northridge | 217 | $641,189 | 135 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 619 | $461,434 | 116 days |
| Distressed Homes | 16 | $168,034 | 73 days |
| Multi-Million Dollar Homes | 57 | $2,055,838 | 118 days |
| Newly Built Homes | 119 | $501,232 | 108 days |
| Reduced Price Homes | 23 | $381,769 | 67 days |
