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Featured local agent — Goodwater, AL
Sarah Mitchell
Compass Real Estate · Goodwater, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Goodwater, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$3.85Mmedian sale price
How is the Goodwater, AL housing market right now?
The median home sale price in Goodwater, AL is $3.85M. Homes sell in an average of 340 days with 3 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 Goodwater a buyer's or seller's market?
Goodwater, AL is currently a balanced market, based on 3.0 months of supply and homes selling in about 340 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
340
Average pace
Active listings
3
3.0 months supply
Sale-to-list
97.5%
Below asking
What does the Goodwater housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $3.85M |
| Average days on market | 340 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 97.5% |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Goodwater by property type?
How the Goodwater, 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 | $3.85M | — | 1 | 340 days |
Source: Redfin · Updated monthly
The Goodwater housing market is currently classified as a balanced market with a median sale price of $3.85M. Prices have fallen 0.0% compared to last year, with homes spending an average of 340 days on market, indicating 3.0 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 3.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Goodwater
There are currently 3 homes listed for sale in Goodwater, Alabama.
Active listings
3
Homes on market
Avg. days on market
340
Days until sale
Who lives in Goodwater?
Population
1,375
Median income
$36,938/yr
Median age
50.2 years
Owner-occupied
58.3%
College grads
5.0%
Avg commute
33.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Goodwater?
Zillow home value
$139,808
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Goodwater?
Goodwater is a community of approximately 1K residents with a median age of 50.2 years.The median household income is $36,938, which represents a working-class community with solid middle-income opportunities. 5.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.3%, showing a blend of owner and renter-occupied properties. The average commute time is 33.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Goodwater offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Goodwater, AL?
Want a head-to-head view? Compare Goodwater side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Goodwater?
The median home sale price in Goodwater is $3.85M, down 0.0% from last year.
How long do homes stay on market in Goodwater?
Homes typically spend 340 days on market before going under contract.
What is the median income in Goodwater?
The median household income is $36,938 per year.
Is Goodwater a buyer's or seller's market?
With 3.0 months of supply, Goodwater is currently a balanced market.
What is the Zillow home value estimate for Goodwater?
The Zillow Home Value Index (ZHVI) for Goodwater is $139,808, representing the typical home value in the area.
How much does a single-family home cost in Goodwater?
The median single-family home price in Goodwater, AL is $3.85M.
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