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Featured local agent — Gadsden, AL
Sarah Mitchell
Compass Real Estate · Gadsden, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gadsden, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$203,000median sale price
How is the Gadsden, AL housing market right now?
The median home sale price in Gadsden, AL is $203,000, up 1.5% year-over-year. Homes sell in an average of 41 days with 127 active listings. The market is currently a buyer's 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 Gadsden a buyer's or seller's market?
Gadsden, AL is currently a buyer's market, based on 5.5 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
41
Average pace
Active listings
127
5.5 months supply
Sale-to-list
93.7%
Below asking
What does the Gadsden housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $203,000 |
| Median list price | $149,450 |
| Year-over-year price change | +1.5% |
| Average days on market | 41 days |
| Active inventory | 127 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 93.7% |
| Median price per sq ft | $103/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 36 |
| Listings with a price cut | 26.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Gadsden by property type?
How the Gadsden, 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 | $203,000 | $103/sq ft | 23 | 41 days |
| Townhouse | $281,000 | $220/sq ft | 1 | 187 days |
Source: Redfin · Updated monthly
The Gadsden housing market is currently classified as a buyer's market with a median sale price of $203,000. Prices have risen 1.5% compared to last year, with homes spending an average of 41 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Gadsden
There are currently 127 homes listed for sale in Gadsden, Alabama. The median listing price is $149K.
Active listings
127
Homes on market
Median list price
$149K
Avg. days on market
41
Days until sale
New this week
36
Newly listed
Who lives in Gadsden?
Population
33,617
Median income
$38,699/yr
Median age
39.6 years
Owner-occupied
54.4%
College grads
14.8%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Gadsden?
Zillow home value
$120,360
Zillow rent index
$831/mo
Price-to-rent ratio
12.1x
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Gadsden?
Gadsden is a community of approximately 34K residents with a median age of 39.6 years.The median household income is $38,699, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.4%, showing a blend of owner and renter-occupied properties. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gadsden offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Gadsden Middle School
Grades 6-8 · 467 students
Adams Elementary School
Grades PK-5 · 415 students
W E Striplin Elementary School
Grades PK-5 · 407 students
Gaston High School
Grades 7-12 · 362 students
Floyd Elementary School
Grades PK-5 · 350 students
Eura Brown Elementary School
Grades PK-5 · 350 students
Sansom Middle School
Grades 6-8 · 338 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 Gadsden, AL?
Want a head-to-head view? Compare Gadsden side-by-side with any other U.S. city using our market-comparison tool.
Is Gadsden a good real estate investment market?
For investors evaluating Gadsden, the price-to-rent ratio of 12.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 1.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Gadsden's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Gadsden's median home price.
Frequently asked questions
What is the average home price in Gadsden?
The median home sale price in Gadsden is $203,000, up 1.5% from last year.
How long do homes stay on market in Gadsden?
Homes typically spend 41 days on market before going under contract.
What is the median income in Gadsden?
The median household income is $38,699 per year.
Is Gadsden a buyer's or seller's market?
With 5.5 months of supply, Gadsden is currently a buyer's market.
What is the Zillow home value estimate for Gadsden?
The Zillow Home Value Index (ZHVI) for Gadsden is $120,360, representing the typical home value in the area.
How much does a single-family home cost in Gadsden?
The median single-family home price in Gadsden, AL is $203,000 (about $103 per square foot).
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