Tuscaloosa Market Report
$461,759
AVERAGE PRICE OF 628 HOMES$168,034
AVERAGE PRICE OF 16 DISTRESSED HOMES$2,055,838
AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES$500,962
AVERAGE PRICE OF 120 NEWLY BUILT HOMES$393,176
AVERAGE PRICE OF 21 REDUCED PRICE HOMESAverage Home
| Average Price | $461,759 |
| Avg Bedrooms | 2.51 beds |
| Avg Bathrooms | 2.08 baths |
Average Price by Bedrooms
| 1 bedroom | $398,333 |
| 2 bedrooms | $450,301 |
| 3 bedrooms | $334,495 |
| 4 bedrooms | $433,983 |
| 5 bedrooms | $875,938 |
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 | 115 | $241,151 | 98 days |
| Central | 91 | $279,475 | 96 days |
| Hillcrest | 129 | $261,474 | 95 days |
| Holt | 7 | $117,185 | 145 days |
| Northridge | 222 | $642,427 | 133 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 628 | $461,759 | 114 days |
| Distressed Homes | 16 | $168,034 | 71 days |
| Multi-Million Dollar Homes | 57 | $2,055,838 | 116 days |
| Newly Built Homes | 120 | $500,962 | 106 days |
| Reduced Price Homes | 21 | $393,176 | 65 days |
