The Medical District housing market is somewhat competitive. The median sale price of a home in Medical District was $310K last month, down 56.9% since last year. The median sale price per square foot in Medical District is $200, down 10.3% since last year.
What is the housing market like in Medical District today?
In December 2024, Medical District home prices were down 56.9% compared to last year, selling for a median price of $310K. On average, homes in Medical District sell after 94 days on the market compared to 33 days last year. There were 6 homes sold in December this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,000
-56.9% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Medical District, AL
$310,000
-56.9%
United States
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How hot is the Medical District housing market?
Medical District is somewhat competitive. Homes sell in 33 days.
0
100
54
Somewhat Competitive
Redfin Compete Score™
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Medical District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Medical District.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Medical District has a minor risk of flooding. 67 properties in Medical District are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Medical District. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Medical District has a moderate risk of wildfire. There are 87 properties in Medical District that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Medical District.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Medical District has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Medical District is most at risk from hurricanes. 876 properties in Medical District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 69 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Medical District has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Medical District have a Major Heat Factor®.
Medical District is expected to see a 157% increase in the number of days over 105ºF over the next 30 years. Medical District is expected to experience 5