ALABAMA REAL ESTATE JOURNAL

Tuscaloosa area home sales are up year-over-year in March

According to the Tuscaloosa Association of Realtors, March home sales in the area were up 19.1% year-over-year at 274 closed transactions. Sales increased 22.9% from February. Two more resources to review: Quarterly Report and Annual Report. 

For all Tuscaloosa-area housing data, click here. 

Inventory: March listings (921) increased 15.3% from February and increased 35.9% from one year ago. At the current sales pace, all the active inventory on the market would sell in 3.4 months, down from 3.6 months in February, and up from 2.9 months in March 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 March was $276,000, a decrease of 0.5% from one year ago and a decrease of 0.4% from February. 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 March averaged 53 days on the market (DOM), 2 days faster than March 2025. 

Forecast: March sales were 6 units, or 2.3%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 268 sales for the month, while actual sales were 274 units. ACRE forecasted a total of 664 home sales year-to-date, while there were 648 actual sales through March, a difference of 2.4%. 

New Construction: The 63 new homes sold represented 23.0% of all residential sales in the area in March. Total sales increased 37.0% year-over-year. The median sales price was $286,984, a decrease of 10.3% from one year ago and an increase of 6.3% from February. 

Click here to view the entire monthly report. The Tuscaloosa Residential Monthly Report is developed in connection with the Tuscaloosa Association of Realtors. 

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