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Home appreciation in Alabama
Alabama's FHFA HPI® all-transactions index changed +3.7% over the year to Q2 2026, versus +3.0% nationally, ranking 22nd of 51 states and D.C. Below, compare its 19 3-digit ZIP regions and 13 metro areas.
- 1-year change
- +3.7%
- 5-year change
- +43.8%
- Since Q1 1995
- +219%
- State rank (1 year)
- 22nd
U.S. +3.0%
25th of 51
U.S. +292%
of 51 states and D.C.
Alabama vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Alabama: 318.6
- United States: 391.6
Alabama appreciation by time window
| Window | AL | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +3.7% | +3.0% | +0.7 pts |
| 3 years | +14.0% | +12.9% | +1.1 pts |
| 5 years | +43.8% | +41.3% | +2.5 pts |
| 10 years | +88.8% | +93.3% | −4.5 pts |
| Since Q1 1995 | +219% | +292% | −73.0 pts |
3-digit ZIP regions in Alabama
Fastest-appreciating ZIP codes in Alabama →Sorted by one-year change. 11 of 19 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 362 · Anniston, AL area | +6.3% | +53.0% | +91.9% | +214% |
| 2 | 365 · Daphne, AL area | +5.9% | +48.6% | +102% | +282% |
| 3 | 360 · Prattville, AL area | +5.5% | +45.2% | +69.8% | +184% |
| 4 | 364 · Andalusia, AL area | +5.2% | +49.8% | +89.5% | +237% |
| 5 | 367 · Selma, AL area | +5.2% | +49.8% | +89.5% | +237% |
| 6 | 369 · York, AL area | +5.2% | +49.8% | +89.5% | +237% |
| 7 | 358 · Huntsville, AL area | +5.1% | +43.0% | +108% | +241% |
| 8 | 352 · Birmingham, AL area | +5.0% | +38.0% | +87.9% | +250% |
| 9 | 350 · Bessemer, AL area | +4.4% | +43.8% | +89.9% | +206% |
| 10 | 356 · Decatur, AL area | +3.9% | +50.0% | +97.9% | +226% |
| 11 | 355 · Jasper, AL area | +3.4% | +38.9% | +85.4% | +219% |
| 12 | 359 · Gadsden, AL area | +2.9% | +51.0% | +95.6% | +243% |
| 13 | 351 · Pelham, AL area | +2.5% | +38.1% | +83.0% | +195% |
| 14 | 368 · Auburn, AL area | +2.1% | +47.1% | +96.2% | +244% |
| 15 | 366 · Mobile, AL area | +1.6% | +40.7% | +89.2% | +208% |
| 16 | 357 · Madison, AL area | +1.4% | +43.9% | +94.8% | +221% |
| 17 | 361 · Montgomery, AL area | +1.3% | +30.5% | +50.6% | +84.8% |
| 18 | 354 · Tuscaloosa, AL area | -0.9% | +33.7% | +69.0% | +202% |
| 19 | 363 · Dothan, AL area | -1.1% | +41.4% | +70.1% | +176% |
Metro areas in Alabama
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Anniston-Oxford, AL | +12.0% | +51.4% | +208% |
| Daphne-Fairhope-Foley, AL | +6.8% | +53.0% | +317% |
| Florence-Muscle Shoals, AL | +6.7% | +54.2% | +219% |
| Montgomery, AL | +6.0% | +41.0% | +132% |
| Birmingham, AL | +3.4% | +38.9% | +219% |
| Huntsville, AL | +3.3% | +43.0% | +230% |
| Mobile, AL | +2.1% | +40.8% | +214% |
| Decatur, AL | +2.0% | +48.7% | +220% |
| Columbus, GA-AL | +1.4% | +42.5% | +178% |
| Auburn-Opelika, AL | +1.3% | +45.5% | +241% |
| Gadsden, AL | +0.9% | +46.0% | +226% |
| Tuscaloosa, AL | -0.1% | +32.7% | +203% |
| Dothan, AL | -1.0% | +42.5% | +172% |
Boom, bust, and recovery in Alabama
Alabama's index peaked in Q1 2009, fell 10.4% to its low in Q4 2013, and regained its peak in Q4 2017, about 8.8 years after the top. Today it sits +80.7% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| AL | Q1 2009 | Q4 2013 | -10.4% | Q4 2017 (8.8 yrs) | +80.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Alabama's index has changed +43.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | AL after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -0.1% | -0.8% |
| 3 years | +9.8% | +3.8% | +2.8% |
| 5 years | +24.0% | +15.9% | +13.9% |
| 10 years | +39.1% | +35.7% | +39.0% |
| Since Q1 1995 | +121% | +43.9% | +76.8% |
If you bought in Alabama in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +212% | $937,385 |
| Q2 2000 | +162% | $786,098 |
| Q2 2005 | +110% | $629,444 |
| Q2 2010 | +93.3% | $579,939 |
| Q2 2015 | +94.2% | $582,714 |
| Q2 2020 | +59.8% | $479,363 |
| Q2 2021 | +43.8% | $431,330 |
| Q2 2023 | +14.0% | $341,913 |
| Q2 2025 | +3.7% | $311,131 |
Frequently asked questions
- How much have home prices gone up in Alabama?
- FHFA HPI® data for Alabama shows the all-transactions index changed +3.7% over the year to Q2 2026, +43.8% over five years, +88.8% over ten years, and +219% since Q1 1995.
- Is Alabama appreciating faster than the national average?
- Over the past year Alabama's index moved +0.7 pts versus the U.S. (+3.0%), ranking 22nd of 51 states and D.C. Over five years the gap is +2.5 pts.
- Which ZIP codes in Alabama are appreciating fastest?
- Over the past year the strongest of 19 3-digit ZIP regions in Alabama was ZIP3 362 (Anniston, AL area) at +6.3%, and the weakest was ZIP3 363 (Dothan, AL area) at -1.1%. 11 of 19 beat the national one-year change.