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Featured local agent — Springville, AL
Sarah Mitchell
Compass Real Estate · Springville, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Springville, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$353,900median sale price
How is the Springville, AL housing market right now?
The median home sale price in Springville, AL is $353,900, down 15.7% year-over-year. Homes sell in an average of 119 days with 53 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 Springville a buyer's or seller's market?
Springville, AL is currently a buyer's market, based on 5.3 months of supply and homes selling in about 119 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
119
Average pace
Active listings
53
5.3 months supply
Sale-to-list
98.6%
Below asking
What does the Springville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $353,900 |
| Median list price | $352,400 |
| Year-over-year price change | -15.7% |
| Average days on market | 119 days |
| Active inventory | 53 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $160/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 30 |
| Listings with a price cut | 28.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Springville by property type?
How the Springville, 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 | $353,900 | $160/sq ft | 10 | 119 days |
Source: Redfin · Updated monthly
The Springville housing market is currently classified as a buyer's market with a median sale price of $353,900. Prices have fallen 15.7% compared to last year, with homes spending an average of 119 days on market, indicating 5.3 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 4.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Springville
There are currently 53 homes listed for sale in Springville, Alabama. The median listing price is $352K.
Active listings
53
Homes on market
Median list price
$352K
Avg. days on market
119
Days until sale
New this week
30
Newly listed
Who lives in Springville?
Population
4,949
Median income
$76,964/yr
Median age
45.2 years
Owner-occupied
88.3%
College grads
34.6%
Avg commute
32.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Springville?
Zillow home value
$324,799
Zillow rent index
$1,838/mo
Price-to-rent ratio
14.7x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Springville?
Springville is a community of approximately 5K residents with a median age of 45.2 years.The median household income is $76,964, which reflects a relatively affluent area with strong earning potential. 34.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Springville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Springville?
3 schools tracked · 2,296 students
The largest public schools serving Springville, 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.
Springville Elementary School
Grades PK-4 · 803 students
Springville Middle School
Grades 5-8 · 759 students
Springville High School
Grades 9-12 · 734 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 Springville, AL?
Want a head-to-head view? Compare Springville side-by-side with any other U.S. city using our market-comparison tool.
Is Springville a good real estate investment market?
For investors evaluating Springville, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 15.7% 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 Springville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Springville's median home price.
Frequently asked questions
What is the average home price in Springville?
The median home sale price in Springville is $353,900, down 15.7% from last year.
How long do homes stay on market in Springville?
Homes typically spend 119 days on market before going under contract.
What is the median income in Springville?
The median household income is $76,964 per year.
Is Springville a buyer's or seller's market?
With 5.3 months of supply, Springville is currently a buyer's market.
What is the Zillow home value estimate for Springville?
The Zillow Home Value Index (ZHVI) for Springville is $324,799, representing the typical home value in the area.
How much does a single-family home cost in Springville?
The median single-family home price in Springville, AL is $353,900 (about $160 per square foot).
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