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Tuscaloosa, AL 35401 Real Estate Market Report

ZIP Code: 35401
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
93
Active Listings
61
Sold Properties
32

Market Metrics

Median Listing Price
$217,500
Median Sold Price
$199,900
Median Price per Sqft
$148/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,350

Property Taxes

Property Tax Rate
0.57%

Liquidity & Velocity

Median Days on Market
252
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Tuscaloosa, AL are approximately 6.1% as of April 2026, reflecting a market where rates have remained elevated compared to earlier 2026 levels near 6.6%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The market value signal is the $199,900 median sold price, which represents the most recent realized transaction levels and should be treated as the primary indicator of local market value and liquidity.

  2. Listing pressure appears elevated relative to recent transactions: the $217,500 median listing price sits above the median sold price, which may indicate pricing friction between seller expectations and recent closed sales.

  3. Market velocity is slow based on the 252 median days on market, which suggests slower sales velocity and a longer time horizon for offers to convert into closed transactions under current conditions.

  4. Broader context supports a balanced, cautious market: price trends are up while market temperature is neutral, rent trends are up, and interest rate pressure is elevated (Current 30-year fixed mortgage rates in Tuscaloosa, AL are approximately 6.1% as of April 2026), which may constrain purchase power even as rents rise and price appreciation continues.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3 Pinehurst Dr, Tuscaloosa, AL 35401
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds
1 baths
4,988 sqft
$1,600,000
Apr 1, 2026
$321/sqft/sqft
10 Oakwood Ct, Tuscaloosa, AL 35401
Premium

Sold above market average

3 beds
1 baths
2,130 sqft
$1,150,000
Mar 1, 2026
$540/sqft/sqft
70 days on market
1609 Alaca Pl, Tuscaloosa, AL 35401
Premium

Sold above market average

3 beds
1 baths
3,284 sqft
$950,000
Apr 1, 2026
$289/sqft/sqft
130 days on market
38 Arlington Dr, Tuscaloosa, AL 35401
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
1 baths
2,058 sqft
$219,000
Mar 1, 2026
$106/sqft/sqft
161 days on market
15 17th St, Tuscaloosa, AL 35401
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,605 sqft
$212,800
Mar 1, 2026
$133/sqft/sqft
18th St, Tuscaloosa, AL 35401
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds
1 baths
1,028 sqft
$209,000
Mar 1, 2026
$203/sqft/sqft
304 Orange St, Tuscaloosa, AL 35401
Value

Sold below market average

- beds
1 baths
928 sqft
$75,000
Feb 1, 2026
$81/sqft/sqft
4110 28th Pl, Tuscaloosa, AL 35401
Value

Sold below market average

4 beds
1 baths
1,474 sqft
$70,000
Mar 1, 2026
$47/sqft/sqft
82 days on market

Tuscaloosa, AL 35401 Real Estate Market Report

ZIP Code: 35401
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
56
Active Listings
24
Sold Properties
32

Market Metrics

Median Listing Price
$299,450
Median Sold Price
$327,900
Median Price per Sqft
$300/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,750

Property Taxes

Property Tax Rate
0.54%

Liquidity & Velocity

Median Days on Market
374
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Tuscaloosa, AL are approximately 6.1% as of April 2026, reflecting a market where rates have remained elevated compared to earlier 2026 levels near 6.6%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. $327,900 median sold price is the primary indicator of recent market value and suggests that recent transactions are anchoring price expectations in the area; representative recent sale context is supported by a higher median listing price relative to the median sold price, which may indicate pricing friction between seller expectations and actual sale outcomes.

  2. $299,450 median listing price combined with the observed gap to the median sold price appears to reflect some upward pricing attempts by sellers while transactions continue to clear at the median sold price, suggesting sellers should set expectations that offer acceptance will be based on comparable closed sales rather than listing optimism.

  3. 374 median days on market points to slower sales velocity and extended time-to-contract, which may indicate buyers are pausing or exercising greater caution; given the neutral market temperature, this longer selling period appears consistent with a balanced market where negotiation and time are factors rather than rapid churn.

  4. 300 median price per square foot and $1,750 median market rent, together with an upward rent year-over-year trend and elevated interest rate pressure (approximate 30-year fixed mortgage rates near 6.1%), suggest that while rental demand and rent growth are supportive, financing headwinds may temper buyer urgency and price acceleration in the near term.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1150 8th St Apt 515, Tuscaloosa, AL 35401
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
1 baths
1,397 sqft
$1,700,000
Apr 1, 2026
$1,217/sqft/sqft
132 days on market
510 13th St Unit 106, Tuscaloosa, AL 35401
Premium

Sold above market average

2 beds
1 baths
1,822 sqft
$950,000
Mar 1, 2026
$521/sqft/sqft
664 days on market
1155 12th St Unit 103, Tuscaloosa, AL 35401
Premium

Sold above market average

2 beds
1 baths
1,290 sqft
$700,000
Mar 1, 2026
$543/sqft/sqft
207 days on market
900 Red Drew Ave Unit 5, Tuscaloosa, AL 35401
Premium

Sold above market average

1 beds
1 baths
616 sqft
$390,000
Mar 1, 2026
$633/sqft/sqft
251 days on market
1009 12th St, Tuscaloosa, AL 35401
Premium

Sold above market average

2 beds
- baths
555 sqft
$379,000
Feb 1, 2026
$683/sqft/sqft
1155 12th St Unit 110, Tuscaloosa, AL 35401
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,290 sqft
$373,300
Feb 1, 2026
$289/sqft/sqft
Hackberry Ln #6, Tuscaloosa, AL 35401
Value

Sold below market average

2 beds
- baths
1,000 sqft
$192,500
Apr 1, 2026
$193/sqft/sqft
901 Hargrove Rd Apt 7b, Tuscaloosa, AL 35401
Value

Sold below market average

2 beds
1 baths
751 sqft
$122,000
Mar 1, 2026
$162/sqft/sqft
222 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$203/mo
35401 Avg Rent
35401 Cost to Own
Rent$1,350
Own$1,147

20% down, 6.3% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

35401 Avg nightly rate
35401 Avg occupancy (days/year)
Nightly rate$376/night
Occupancy78 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/28/2026

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