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Featured local agent — Enterprise, AL
Sarah Mitchell
Compass Real Estate · Enterprise, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Enterprise, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$273,750median sale price
How is the Enterprise, AL housing market right now?
The median home sale price in Enterprise, AL is $273,750, down 4.0% year-over-year. Homes sell in an average of 55 days with 181 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Enterprise a buyer's or seller's market?
Enterprise, AL is currently a balanced market, based on 3.5 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
52
Last 12 weeks
Days on market
55
Average pace
Active listings
181
3.5 months supply
Sale-to-list
98.4%
Below asking
What does the Enterprise housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $273,750 |
| Median list price | $309,000 |
| Year-over-year price change | -4.0% |
| Average days on market | 55 days |
| Active inventory | 181 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $147/sq ft |
| Homes sold (latest month) | 52 |
| New listings (latest month) | 50 |
| Listings with a price cut | 26.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Enterprise by property type?
How the Enterprise, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $297,500 | $150/sq ft | 46 | 55 days |
| Condo / Co-op | $80,000 | — | 1 | 1 days |
| Townhouse | $156,750 | $102/sq ft | 6 | 63 days |
Source: Redfin · Updated monthly
The Enterprise housing market is currently classified as a balanced market with a median sale price of $273,750. Prices have fallen 4.0% compared to last year, with homes spending an average of 55 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Enterprise
There are currently 181 homes listed for sale in Enterprise, Alabama. The median listing price is $309K.
Active listings
181
Homes on market
Median list price
$309K
Avg. days on market
55
Days until sale
New this week
50
Newly listed
Who lives in Enterprise?
Population
28,990
Median income
$68,306/yr
Median age
36.1 years
Owner-occupied
59.9%
College grads
24.6%
Avg commute
20.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Enterprise?
Zillow home value
$212,677
Zillow rent index
$1,436/mo
Price-to-rent ratio
12.3x
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Enterprise?
Enterprise is a community of approximately 29K residents with a median age of 36.1 years.The median household income is $68,306, which represents a working-class community with solid middle-income opportunities. 24.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.9%, showing a blend of owner and renter-occupied properties. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Enterprise offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Enterprise?
10 schools tracked · 6,585 students
The largest public schools serving Enterprise, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Enterprise High School
Grades 9-12 · 2,121 students
Hillcrest Elementary School
Grades K-6 · 768 students
Holly Hill Elementary School
Grades K-6 · 687 students
Brookwood Elementary School
Grades PK-6 · 666 students
Coppinville School
Grades 7-8 · 605 students
Rucker Boulevard Elementary School
Grades K-6 · 474 students
Dauphin Junior High School
Grades 7-8 · 466 students
Harrand Creek Elementary School
Grades K-6 · 437 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Enterprise, AL?
Want a head-to-head view? Compare Enterprise side-by-side with any other U.S. city using our market-comparison tool.
Is Enterprise a good real estate investment market?
For investors evaluating Enterprise, the price-to-rent ratio of 12.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 4.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Enterprise's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Enterprise's median home price.
Frequently asked questions
What is the average home price in Enterprise?
The median home sale price in Enterprise is $273,750, down 4.0% from last year.
How long do homes stay on market in Enterprise?
Homes typically spend 55 days on market before going under contract.
What is the median income in Enterprise?
The median household income is $68,306 per year.
Is Enterprise a buyer's or seller's market?
With 3.5 months of supply, Enterprise is currently a balanced market.
What is the Zillow home value estimate for Enterprise?
The Zillow Home Value Index (ZHVI) for Enterprise is $212,677, representing the typical home value in the area.
What is the median condo price in Enterprise?
The median condo/co-op sale price in Enterprise, AL is $80,000, compared to $297,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Enterprise?
The median single-family home price in Enterprise, AL is $297,500 (about $150 per square foot).
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