Gadsden, AL Housing Market & Real Estate

Buyer's market+51.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Gadsden, AL is $162,500, up 51.9% year-over-year. Homes sell in an average of 101 days with 121 active listings. The market is currently a buyer's market.

$162,500median sale price

Is Gadsden a buyer's or seller's market?

Buyer's market5.3 months of supply101 avg. days on market

Gadsden, AL is currently a buyer's market, based on 5.3 months of supply and homes selling in about 101 days. How we determine this →

Homes sold

23

Last 12 weeks

Days on market

101

Average pace

Active listings

121

5.3 months supply

Sale-to-list

97.4%

Below asking

Gadsden, AL market data

Current housing market statistics for Gadsden, AL
MetricValue
Median sale price$162,500
Median list price$154,900
Year-over-year price change+51.9%
Average days on market101 days
Active inventory121 listings
Months of supply5.3 months
Sale-to-list price ratio97.4%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Gadsden housing market is currently classified as a buyer's market with a median sale price of $162,500. Prices have risen 51.9% compared to last year, with homes spending an average of 101 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Gadsden

There are currently 121 homes listed for sale in Gadsden, Alabama. The median listing price is $155K.

Active listings

121

Homes on market

Median list price

$155K

Avg. days on market

101

Days until sale

New this week

31

Newly listed

Price drops:20.7%of listings
Sale-to-list:97.4%

Top public schools in Gadsden

19 schools tracked · 5,741 students

The largest public schools serving Gadsden, 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.

Gadsden City High School

Grades 9-12 · 1,309 students

Public

Gadsden Middle School

Grades 6-8 · 467 students

Public

Adams Elementary School

Grades PK-5 · 415 students

Public

W E Striplin Elementary School

Grades PK-5 · 407 students

Public

Gaston High School

Grades 7-12 · 362 students

Public

Floyd Elementary School

Grades PK-5 · 350 students

Public

Eura Brown Elementary School

Grades PK-5 · 350 students

Public

Sansom Middle School

Grades 6-8 · 338 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Gadsden?

The median home sale price in Gadsden is $162,500, up 51.9% from last year.

How long do homes stay on market in Gadsden?

Homes typically spend 101 days on market before going under contract.

Is Gadsden a buyer's or seller's market?

With 5.3 months of supply, Gadsden is currently a buyer's market.

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