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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
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.
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
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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.
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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.
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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.
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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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
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.
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
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$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.
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$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.
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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.
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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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 0.6% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/28/2026
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