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Cost of homeownership in Alabama

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$140,207
Avg property tax
$485
Homeownership rate
72.9%
1yr appreciation
2.6%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Shelby County$276,500
  2. 2.Baldwin County$266,000
  3. 3.Madison County$242,900
  4. 4.Limestone County$229,400
  5. 5.Lee County$224,400
  6. 6.Tuscaloosa County$218,800
  7. 7.Jefferson County$208,900
  8. 8.St. Clair County$202,000
  9. 9.Elmore County$200,400
  10. 10.Autauga County$191,800

Most affordable counties

  1. 1.Conecuh County11.5%
  2. 2.Lamar County12.4%
  3. 3.Dale County12.6%
  4. 4.Coosa County12.6%
  5. 5.Geneva County12.7%
  6. 6.Fayette County12.7%
  7. 7.Lawrence County12.9%
  8. 8.Lauderdale County13.1%
  9. 9.Washington County13.1%
  10. 10.Choctaw County13.1%
Avg electricity
16.1¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,739

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Alabama

Frequently asked questions

How much does it cost to own a home in Alabama?

Based on Census ACS, the state average home value in Alabama is $140,207, with median annual property tax around $485. Your actual cost depends on county and property.

What is the property tax in Alabama?

Property tax rates vary by county. Alabama's state average sits at roughly $485 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Alabama?

FHFA House Price Index data shows Alabama appreciating 2.6% over the last year and 44.4% over the last five years.

Is homeownership high in Alabama?

Alabama's homeownership rate is 72.9% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.