MONTGOMERY, Ala. – More than 7,000 homes sold across Alabama in June, a 6.2% increase from June 2025. Home buying is up for the fifth consecutive month, and June’s numbers are at the highest monthly level since December 2022, according to the Alabama Association of Realtors’ monthly report.
Up 6.4% from May, Alabama’s sold dollar volume, the sum of the prices of all homes sold, was $2.33 billion in June. That’s an increase of 25.3% from the same period last year, the report said.
The median house sales price also increased by $32,935 to $282,139 since last June, an annual uptick of 13.2%. That number was up only 1.1% from May, marking a slowdown in price growth for the second consecutive month.
AAR economist Evan Moore said this slowing indicates buyers are becoming more sensitive to property costs. He predicted that prices will stay the same this month.
“While mortgage rates remained elevated in June, home sales in Alabama increased for the fifth consecutive month and also rose year over year,” Moore said. “Even at current levels, mortgage rates remain substantially lower than this time one year ago, and with listings and new home permits on the rise, we predict sales are likely to increase again in July.”
The average 30-year fixed mortgage rate stayed relatively stable around 6.49% last month compared to a 6.73% average in June 2025, the report said.
June’s active listings also hit a post-pandemic high of 21,681, up 2.1% from May and 6.8% from last June. Though there are more homes available for sale, they remained on the market for four days longer than in May, which Moore said suggests buyers are more carefully weighing the available choices.
Also contributing to the increasing supply of housing is an upward trend in new home building permits. They continued a four-month trend of year-over-year increases with 1,644 in May.
All of the positive indicators in the housing sector come as Alabama employers reported a record 2.22 million jobs in June, even as the state’s unemployment rate rose and its labor force shrank from a year earlier.