Huntsville home values continue to soar as other Alabama cities see slowdown

Huntsville home values continue to soar as other Alabama cities see slowdown

Home values in Alabama’s four largest cities - Huntsville, Montgomery, Birmingham and Mobile - have all enjoyed significant growth since January of 2020, as the nationwide real estate market saw home values soar. But one city stands apart from the rest. According to data from Zillow, median home values in Huntsville - now the most populous city in the state - accelerated in the last few months, as those in other parts of Alabama started to slow down, or even reversed course altogether. [Can’t see the chart? Click here.] Home values were already significantly higher in Huntsville than any of the state’s other large cities. As of January 2020, the average home in Huntsville was worth nearly $187,000, compared to just $116,000 in Mobile, the city with the next highest …
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