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Featured local agent — Theodore, AL
Sarah Mitchell
Compass Real Estate · Theodore, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Theodore, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$200,000median sale price
How is the Theodore, AL housing market right now?
The median home sale price in Theodore, AL is $200,000, up 16.6% year-over-year. Homes sell in an average of 77 days with 12 active listings. The market is currently a leaning buyer's. (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 Theodore a buyer's or seller's market?
Theodore, AL is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
77
Average pace
Active listings
12
4.0 months supply
Sale-to-list
99.4%
Below asking
What does the Theodore housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Median list price | $214,700 |
| Year-over-year price change | +16.6% |
| Average days on market | 77 days |
| Active inventory | 12 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $143/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 25.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Theodore by property type?
How the Theodore, 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 | $200,000 | $143/sq ft | 3 | 77 days |
Source: Redfin · Updated monthly
The Theodore housing market is currently classified as a leaning buyer's with a median sale price of $200,000. Prices have risen 16.6% compared to last year, with homes spending an average of 77 days on market, indicating 4.0 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 3.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Theodore
There are currently 12 homes listed for sale in Theodore, Alabama. The median listing price is $215K.
Active listings
12
Homes on market
Median list price
$215K
Avg. days on market
77
Days until sale
New this week
4
Newly listed
Who lives in Theodore?
Population
4,950
Median income
$60,764/yr
Median age
39.6 years
Owner-occupied
86.4%
College grads
17.1%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Theodore?
Zillow home value
$204,160
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Theodore?
Theodore is a community of approximately 5K residents with a median age of 39.6 years.The median household income is $60,764, which represents a working-class community with solid middle-income opportunities. 17.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Theodore offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Theodore?
4 schools tracked · 2,934 students
The largest public schools serving Theodore, 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.
Theodore High School
Grades 9-12 · 1,234 students
Katherine H Hankins Middle School
Grades 6-8 · 812 students
Nan Gray Davis Elementary School
Grades PK-5 · 479 students
Mary W Burroughs Elementary School
Grades PK-5 · 409 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 Theodore, AL?
Want a head-to-head view? Compare Theodore side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Theodore?
The median home sale price in Theodore is $200,000, up 16.6% from last year.
How long do homes stay on market in Theodore?
Homes typically spend 77 days on market before going under contract.
What is the median income in Theodore?
The median household income is $60,764 per year.
Is Theodore a buyer's or seller's market?
With 4.0 months of supply, Theodore is currently a leaning buyer's.
What is the Zillow home value estimate for Theodore?
The Zillow Home Value Index (ZHVI) for Theodore is $204,160, representing the typical home value in the area.
How much does a single-family home cost in Theodore?
The median single-family home price in Theodore, AL is $200,000 (about $143 per square foot).
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