Pelham, AL Housing Market
The Pelham housing market is somewhat competitive. The median sale price of a home in Pelham was $367K last month, up 11.2% since last year. The median sale price per square foot in Pelham is $169, up 1.8% since last year.
Pelham Housing Market Trends
In April 2024, Pelham home prices were up 11.2% compared to last year, selling for a median price of $367K. On average, homes in Pelham sell after 50 days on the market compared to 43 days last year. There were 30 homes sold in April this year, down from 47 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Pelham housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 45 days.
- Hot homescan sell for about 2% above list price and go pending in around 31 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 43 days.
- Hot homescan sell for about 2% above list price and go pending in around 22 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 37 days.
- Hot homescan sell for about 1% above list price and go pending in around 25 days.
Pelham Migration & Relocation Trends
- Across the nation, 0.25% of homebuyers searched to move into Pelham from outside metros.
- Atlanta homebuyers searched to move into Pelham more than any other metro followed by Los Angeles and New York.
- 72% of Pelham homebuyers searched to stay within the Pelham metropolitan area.
- Huntsville was the most popular destination among Pelham homebuyers followed by Mobile and Montgomery.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 207 | ||
2 | 126 | ||
3 | 125 | ||
4 | 89 | ||
5 | 80 | ||
6 | 70 | ||
7 | 66 | ||
8 | 57 | ||
9 | 57 | ||
10 | 37 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 274 | ||
2 | 61 | ||
3 | 61 | ||
4 | 58 | ||
5 | 34 | ||
6 | 27 | ||
7 | 24 | ||
8 | 21 | ||
9 | 14 | ||
10 | 14 |
Home offer insights for Pelham
Recent offers
View houses in Pelham that sold recently
Recently sold homes
- $416,000 Last Sold Price4 beds2 baths2,195 sq ft472 Ballantrae Rd, Pelham, AL 35124List Price$424,438Sale to List2% under listDays on Market51 days472 Ballantrae Rd, Pelham, AL 35124
- $319,900 Last Sold Price3 beds2 baths1,639 sq ft270 Creekside Ln, Pelham, AL 35124List Price$325,000Sale to List2% under listDays on Market100 days270 Creekside Ln, Pelham, AL 35124
- $255,000 Last Sold Price3 beds2 baths1,441 sq ft102 Brookhollow Way, Pelham, AL 35124List Price$259,900Sale to List2% under listDays on Market18 days102 Brookhollow Way, Pelham, AL 35124
- $286,000 Last Sold Price3 beds2 baths1,459 sq ft110 Stonehaven Trl, Pelham, AL 35124List Price$289,900Sale to List1% under listDays on Market47 days110 Stonehaven Trl, Pelham, AL 35124
- $360,000 Last Sold Price3 beds2 baths2,055 sq ft206 Beaver Crst, Pelham, AL 35124List Price$358,000Sale to List1% over listDays on Market33 days206 Beaver Crst, Pelham, AL 35124
- $289,900 Last Sold Price3 beds2 baths1,454 sq ft501 Creekview Ln, Pelham, AL 35124List Price$289,900Sale to List0% over listDays on Market56 days501 Creekview Ln, Pelham, AL 35124
- $549,900 Last Sold Price5 beds3 baths2,933 sq ft252 Grey Oaks Ct, Pelham, AL 35124List Price$549,900Sale to List0% over listDays on Market45 days252 Grey Oaks Ct, Pelham, AL 35124
- $12,000 Last Sold Price—beds—baths—sq ft1441 Stoneykirk Rd #467, Pelham, AL 35124List Price$40,000Sale to List70% under listDays on Market40 days1441 Stoneykirk Rd #467, Pelham, AL 35124
See all recently sold homes in Pelham.
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Schools in Pelham
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Oak Mt Intermediate School Public • 4-5 | 657 Students | 4 reviews |
9/10 Oak Mt Elementary School Public • PreK-3 | 657 Students | 9 reviews |
9/10 Riverchase Elementary School Public • PreK-5 | 667 Students | 15 reviews |
9/10 Gwin Elementary School Public • PreK-5 | 559 Students | 14 reviews |
7/10 Pelham Oaks Public • PreK-5 | 667 Students | N/A |
Climate's impact on Pelham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pelham.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Pelham
Walk Score®
Bike Score®
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