How much does it cost to buy a house in Pelham, AL?

In May 2026 Pelham homes were listed to buy for a median price of $452K, which is a 6% decrease to April 2025 last month, and a 5% decrease to May 2025 last year. The median value of a home listed to buy in Pelham in May 2026 was $207 per sqft, which is a 2% decrease to April 2025 last month, and a 2% decrease to May 2025 last year.

Is it affordable or expensive to live in Pelham, AL?

It is expensive to live in Pelham. Buying a home in Pelham is 1% more expensive compared with the national average.

Is it a good time to buy property in Pelham, AL?

Yes now is a good time to buy property in Pelham, in May 2026, homes in Pelham have decreased in value (price per sqft) by 2% in the last year compared with May 2025.

Are home prices dropping in Pelham, AL?

Home price are dropping in Pelham, in May 2026, homes to buy in Pelham have decreased in median list price by 1% compared with April 2026, one month ago.

Is the Pelham, AL housing market slowing down?

The housing market in Pelham is slowing down. In May 2026, homes to buy in Pelham spent an median 50 days on the market, a 24% decrease from May 2025 last year.

What are the best and safest places to live in Pelham, AL?

The best and safest neighborhoods to live in Pelham in May 2026 are Forest Park, Crestwood South, Redmont Park, Sand Ridge, Highland Park, Crestwood North, Five Points South, Glen Iris, Norwood, South Roebuck, West Goldwire, Bush Hills, South Eastlake, Smithfield Estates, Belview Heights, Roebuck, Echo Highlands, Ensley Highlands, Wylam, Central Park

How much money should I make to buy a house in Pelham, AL?

In May 2026, Pelham homes were listed to buy for a median price of $452K, with 25% down you would need $2.31K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $79.3K.

Is it a good time to sell my house in Pelham, AL?

Yes now is a good time to sell your house in Pelham, in May 2026, homes in Pelham have decreased in value (price per sqft) by 2% in the last year compared with May 2025.