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Featured local agent — Hazel Green, AL
Sarah Mitchell
Compass Real Estate · Hazel Green, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hazel Green, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the Hazel Green, AL housing market right now?
The median home sale price in Hazel Green, AL is $250,000, down 12.7% year-over-year. Homes sell in an average of 92 days with 67 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 Hazel Green a buyer's or seller's market?
Hazel Green, AL is currently a buyer's market, based on 5.2 months of supply and homes selling in about 92 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
92
Average pace
Active listings
67
5.2 months supply
Sale-to-list
99.0%
Below asking
What does the Hazel Green housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Median list price | $287,500 |
| Year-over-year price change | -12.7% |
| Average days on market | 92 days |
| Active inventory | 67 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 19 |
| Listings with a price cut | 16.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hazel Green by property type?
How the Hazel Green, 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 | $250,000 | $150/sq ft | 13 | 92 days |
| Townhouse | $243,000 | $138/sq ft | 1 | 325 days |
Source: Redfin · Updated monthly
The Hazel Green housing market is currently classified as a buyer's market with a median sale price of $250,000. Prices have fallen 12.7% compared to last year, with homes spending an average of 92 days on market, indicating 5.2 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 2.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Hazel Green
There are currently 67 homes listed for sale in Hazel Green, Alabama. The median listing price is $288K.
Active listings
67
Homes on market
Median list price
$288K
Avg. days on market
92
Days until sale
New this week
19
Newly listed
Who lives in Hazel Green?
Population
3,765
Median income
$90,654/yr
Median age
36.3 years
Owner-occupied
81.5%
College grads
43.1%
Avg commute
32 min
Source: U.S. Census Bureau ACS
What are homes worth in Hazel Green?
Zillow home value
$263,209
Zillow rent index
$1,600/mo
Price-to-rent ratio
13.7x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Hazel Green?
Hazel Green is a community of approximately 4K residents with a median age of 36.3 years.The median household income is $90,654, which reflects a relatively affluent area with strong earning potential. 43.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hazel Green offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hazel Green?
3 schools tracked · 3,378 students
The largest public schools serving Hazel Green, 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.
Hazel Green High School
Grades 9-12 · 1,407 students
Meridianville Middle School
Grades 6-8 · 1,058 students
Hazel Green Elementary School
Grades PK-5 · 913 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 Hazel Green, AL?
Want a head-to-head view? Compare Hazel Green side-by-side with any other U.S. city using our market-comparison tool.
Is Hazel Green a good real estate investment market?
For investors evaluating Hazel Green, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 12.7% 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 Hazel Green's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hazel Green's median home price.
Frequently asked questions
What is the average home price in Hazel Green?
The median home sale price in Hazel Green is $250,000, down 12.7% from last year.
How long do homes stay on market in Hazel Green?
Homes typically spend 92 days on market before going under contract.
What is the median income in Hazel Green?
The median household income is $90,654 per year.
Is Hazel Green a buyer's or seller's market?
With 5.2 months of supply, Hazel Green is currently a buyer's market.
What is the Zillow home value estimate for Hazel Green?
The Zillow Home Value Index (ZHVI) for Hazel Green is $263,209, representing the typical home value in the area.
How much does a single-family home cost in Hazel Green?
The median single-family home price in Hazel Green, AL is $250,000 (about $150 per square foot).
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