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Featured local agent — Underwood-Petersville, AL
Sarah Mitchell
Compass Real Estate · Underwood-Petersville, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Underwood-Petersville, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$210,000median sale price
How is the Underwood-Petersville, AL housing market right now?
The median home sale price in Underwood-Petersville, AL is $210,000, up 35.5% year-over-year. Homes sell in an average of 18 days with 7 active listings. The market is currently a strong 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 Underwood-Petersville a buyer's or seller's market?
Underwood-Petersville, AL is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
18
Fast-moving
Active listings
7
1.4 months supply
Sale-to-list
106.8%
Above asking
What does the Underwood-Petersville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $210,000 |
| Median list price | $229,900 |
| Year-over-year price change | +35.5% |
| Average days on market | 18 days |
| Active inventory | 7 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 106.8% |
| Median price per sq ft | $113/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 7 |
| Listings with a price cut | 42.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Underwood-Petersville by property type?
How the Underwood-Petersville, 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 | $210,000 | $113/sq ft | 5 | 18 days |
Source: Redfin · Updated monthly
The Underwood-Petersville housing market is currently classified as a strong seller's market with a median sale price of $210,000. Prices have risen 35.5% compared to last year, with homes spending an average of 18 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Underwood-Petersville
There are currently 7 homes listed for sale in Underwood-Petersville, Alabama. The median listing price is $230K.
Active listings
7
Homes on market
Median list price
$230K
Avg. days on market
18
Days until sale
New this week
7
Newly listed
Who lives in Underwood-Petersville?
Population
3,049
Median income
$43,000/yr
Median age
41.5 years
Owner-occupied
73.7%
College grads
13.4%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Underwood-Petersville?
Underwood-Petersville is a community of approximately 3K residents with a median age of 41.5 years.The median household income is $43,000, which represents a working-class community with solid middle-income opportunities. 13.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Underwood-Petersville offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Underwood-Petersville, AL?
Want a head-to-head view? Compare Underwood-Petersville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Underwood-Petersville?
The median home sale price in Underwood-Petersville is $210,000, up 35.5% from last year.
How long do homes stay on market in Underwood-Petersville?
Homes typically spend 18 days on market before going under contract.
What is the median income in Underwood-Petersville?
The median household income is $43,000 per year.
Is Underwood-Petersville a buyer's or seller's market?
With 1.4 months of supply, Underwood-Petersville is currently a strong seller's market.
How much does a single-family home cost in Underwood-Petersville?
The median single-family home price in Underwood-Petersville, AL is $210,000 (about $113 per square foot).
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