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Featured local agent — Sheffield, AL
Sarah Mitchell
Compass Real Estate · Sheffield, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sheffield, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$175,000median sale price
How is the Sheffield, AL housing market right now?
The median home sale price in Sheffield, AL is $175,000, down 7.4% year-over-year. Homes sell in an average of 40 days with 39 active listings. The market is currently a seller'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 Sheffield a buyer's or seller's market?
Sheffield, AL is currently a seller's market, based on 2.3 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
40
Average pace
Active listings
39
2.3 months supply
Sale-to-list
98.8%
Below asking
What does the Sheffield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $175,000 |
| Median list price | $171,000 |
| Year-over-year price change | -7.4% |
| Average days on market | 40 days |
| Active inventory | 39 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $119/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 19 |
| Listings with a price cut | 23.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Sheffield by property type?
How the Sheffield, 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 | $175,000 | $119/sq ft | 17 | 40 days |
Source: Redfin · Updated monthly
The Sheffield housing market is currently classified as a seller's market with a median sale price of $175,000. Prices have fallen 7.4% compared to last year, with homes spending an average of 40 days on market, indicating 2.3 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 3.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Sheffield
There are currently 39 homes listed for sale in Sheffield, Alabama. The median listing price is $171K.
Active listings
39
Homes on market
Median list price
$171K
Avg. days on market
40
Days until sale
New this week
19
Newly listed
Who lives in Sheffield?
Population
9,334
Median income
$42,097/yr
Median age
40.1 years
Owner-occupied
58.4%
College grads
15.9%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Sheffield?
Zillow home value
$137,408
Zillow rent index
$959/mo
Price-to-rent ratio
11.9x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Sheffield?
Sheffield is a community of approximately 9K residents with a median age of 40.1 years.The median household income is $42,097, which represents a working-class community with solid middle-income opportunities. 15.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.4%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sheffield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sheffield?
4 schools tracked · 993 students
The largest public schools serving Sheffield, 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.
WA Threadgill Primary School
Grades PK-2 · 323 students
Sheffield High School
Grades 9-12 · 281 students
L E Willson Elementary School
Grades 3-6 · 240 students
Sheffield Junior High School
Grades 7-8 · 149 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 Sheffield, AL?
Want a head-to-head view? Compare Sheffield side-by-side with any other U.S. city using our market-comparison tool.
Is Sheffield a good real estate investment market?
For investors evaluating Sheffield, the price-to-rent ratio of 11.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 7.4% 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 Sheffield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Sheffield's median home price.
Frequently asked questions
What is the average home price in Sheffield?
The median home sale price in Sheffield is $175,000, down 7.4% from last year.
How long do homes stay on market in Sheffield?
Homes typically spend 40 days on market before going under contract.
What is the median income in Sheffield?
The median household income is $42,097 per year.
Is Sheffield a buyer's or seller's market?
With 2.3 months of supply, Sheffield is currently a seller's market.
What is the Zillow home value estimate for Sheffield?
The Zillow Home Value Index (ZHVI) for Sheffield is $137,408, representing the typical home value in the area.
How much does a single-family home cost in Sheffield?
The median single-family home price in Sheffield, AL is $175,000 (about $119 per square foot).
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