According to the Tuscaloosa Association of Realtors, February home sales in the area were up 4.7% year-over-year at 223 closed transactions. Sales increased 47.7% from January. Two more resources to review: Quarterly Report and Annual Report.
For all Tuscaloosa-area housing data, click here.
Inventory: February listings (799) increased 3.5% from January and increased 13.8% from one year ago. At the current sales pace, all the active inventory on the market would sell in 3.6 months, down from 5.1 months in January, and up from 3.3 months in February 2025. The equilibrium point where buyers and sellers have roughly equal bargaining power is roughly 6 months of supply.
Pricing: The median sales price in February was $287,500, an increase of 10.6% from one year ago and an increase of 0.9% from January. The differing sample size (number of residential sales of comparative months) can contribute to statistical volatility, including pricing. ACRE recommends consulting with a local real estate professional to discuss pricing, as it will vary from neighborhood to neighborhood.
Homes sold in February averaged 59 days on the market (DOM), 9 days slower than February 2025.
Forecast: February sales were 8 units, or 3.9%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 215 sales for the month, while actual sales were 223 units. ACRE forecasted a total of 396 home sales year-to-date, while there were 374 actual sales through February, a difference of 5.5%.
New Construction: The 59 new homes sold represented 26.5% of all residential sales in the area in February. Total sales increased 40.5% year-over-year. The median sales price was $269,900, a decrease of 8.8% from one year ago and a decrease of 10.0% from January.
Click here to view the entire monthly report. The Tuscaloosa Residential Monthly Report is developed in connection with the Tuscaloosa Association of Realtors.
