Brokers — List your Company Here
Featured local agent — Garden City, AL
Sarah Mitchell
Compass Real Estate · Garden City, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Garden City, AL Housing Market
The last median sale price Redfin published was $145,000, -48.7% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 5 days, Garden City is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $145,000 home is about $745/mo in principal and interest.
Key numbers for Garden City, AL
Median sale price
$145,000
-48.7% year over year
Redfin, through August 2025
Days on market
5
Fast-moving
Redfin, through August 2025
Active listings
1
1.0 months of supply
Redfin, through August 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$55,313
Home costs 2.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through August 2025
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Garden City a buyer's or seller's market?
Garden City, AL is a strong seller's market, based on 1.0 months of supply and homes selling in about 5 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Garden City housing market data show?
Every row below is Redfin's final published month for Garden City, AL. Redfin, through August 2025
| Metric | Value |
|---|---|
| Median sale price | $145,000 |
| Median list price | $120,000 |
| Year-over-year price change | -48.7% |
| Median price per sq ft | $105/sq ft |
| Median days on market | 5 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Garden City is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Garden City is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Garden City home prices moved?
Across the 22 months we hold for Garden City, AL, the median sale price rose 141.7%, from $60,000 in May 2021 to $145,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through August 2025 — the chart ends at Redfin's final published month.
Get Garden City market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Garden City?
Priced off the median sale price of $145,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $29,000 | $116,000 | $745/mo |
| 5% | $7,250 | $137,750 | $885/mo |
Redfin, through August 2025 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $745, that implies roughly $31,948 a year before you add taxes and insurance. The median household in Garden City earns $55,313, about $23,365 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.6x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Garden City in the next 12 months?
Tell us your timeline. We send the Garden City market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Garden City?
Zillow does not publish a rent index (ZORI) for Garden City, AL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Garden City?
Active listings in Garden City, AL went from 1 in June 2021 to 1 in August 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| May 2022 | 4 | 2 |
| July 2022 | 3 | 1 |
| October 2022 | 5 | not published |
| November 2022 | 5 | 1 |
| December 2022 | 6 | 2 |
| January 2023 | 2 | not published |
| February 2023 | 2 | 1 |
| July 2023 | 2 | not published |
| November 2023 | 1 | 1 |
| March 2025 | 3 | 1 |
| May 2025 | 1 | not published |
| August 2025 | 1 | 1 |
Redfin, through August 2025
How does Garden City compare to Alabama and the U.S.?
Garden City homes sell for $145,000 — 54% below the Alabama median of $312,600. Against the national median of $410,700, Garden City runs 65% lower. Year-over-year, Garden City moved -48.7% against Alabama's +7.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Garden City, AL | $145,000 | -48.7% | 5 days |
| Alabama statewide | $312,600 | +7.2% | 57 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through August 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Garden City
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $140 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $145,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Garden City listing goes under contract in 5 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Garden City added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Garden City varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Garden City
There are currently 1 homes listed for sale in Garden City, Alabama. The median listing price is $120K.
Active listings
1
Homes on market
Median list price
$120K
Avg. days on market
5
Days until sale
New this week
1
Newly listed
How much do homes cost in Garden City by property type?
How the Garden City, AL market breaks down across single-family homes, condos and townhouses. Redfin, through August 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $145,000 | $105/sq ft | 1 | 5 days |
Who lives in Garden City?
American Community Survey estimates for Garden City. U.S. Census ACS, 2023
Population
572
Households
205
Median income
$55,313/yr
Median age
42 years
Owner-occupied
85.4%
Median home value
$116,100
Mean commute
30.6 min
85.4% of occupied homes in Garden City are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Garden City, AL?
Ordered by distance from Garden City, not by size. Compare Garden City side by side with any of them.
Garden City housing market FAQ
Is Garden City a buyer's or seller's market?
Garden City, AL is currently a strong seller's market. That read comes from 1.0 months of supply, homes going under contract in about 5 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Garden City?
The median sale price in the last month Redfin published was $145,000, about $105 per square foot.
Is Garden City cheaper than the rest of Alabama?
Garden City's median sale price of $145,000 is 54% lower than the Alabama statewide median of $312,600, and 65% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Garden City?
Homes in Garden City, AL spent a median of 5 days on market before going under contract, versus 57 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Garden City?
At the current 30-year fixed rate of 6.66%, 20% down on a $145,000 home is about $745 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $31,948 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $55,313.
Are home prices rising in Garden City?
Redfin's last published year-over-year change for Garden City, AL was -48.7%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Garden City?
Garden City ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Garden City?
That depends on your timeline, not on a headline. What the data says today: Garden City, AL is a strong seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Garden City, AL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Garden City
Nearby markets
Get the Garden City market brief
Get the Garden City, AL market brief
One email: what homes are actually clearing at around $145,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.