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Greene County, AL housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$129,488+6.7% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$28,070About 0.8× the local median income ($35,813): affordable for a typical household
Days on market71 daysFaster than a year ago: sellers have the edge
Next 12 months+1.2%Zillow expects prices to rise slightly

The typical home in Greene County, AL is worth $129,488, up 6.7% from a year ago. That is well below what local incomes have historically supported: fair value is about $145,690, so the area is 11.1% undervalued. It is a balanced market, leaning toward buyers: homes take about 71 days to sell, listings are up 7% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 1.2% over the next year. A household needs about $28,070 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $35,813. In the latest IRS figures, 100 more people moved out than in.

Home value over time

$0K$50K$100K$150K201520202025
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$129,488
Change in 1 year+6.7%
Overvalued %−11.1%
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Fair home value$145,690
Change in 5 years−2.8%
Zillow forecast, next 12 months+1.2%
Home value to income3.6×
Monthly mortgage payment (20% down)$702
Income needed to afford it$28,070
Property tax rate0.55%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,163

Market activity

Listings vs a year ago+7.1%
Days on market71
Listings with a price cut21.1%
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Homes for sale15
Pending sales per 100 listings13
Asking price per sq ft$72

People and jobs

Median household income$35,813
Population change (1 year)−1.0%
Unemployment rate4.0%
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Population7,067
Income adjusted for cost of living$40,836
Net moves in (IRS)−100
Cost of living (US = 100)87.7

Schools, risk and environment

School rating (1 to 10)2.3
FEMA hazard risk score (0 to 100)29.3
Flood risk score32.8
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Wildfire risk score14.2
Walkability (1 to 20)3.9
Road, rail and air noise54 dB

Questions people ask

Is Greene County, AL overvalued?
Home prices in Greene County, AL are well below what local incomes have historically supported: fair value is about $145,690, so the area is 11.1% undervalued.
Is Greene County, AL a buyer's or seller's market?
Greene County, AL is a balanced market, leaning toward buyers: homes take about 71 days to sell, listings are up 7% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Greene County, AL?
Home values in Greene County, AL are up 6.7% over the last year. Zillow's forecast for the next 12 months is +1.2%.
How much do you need to earn to buy a home in Greene County, AL?
A household needs about $28,070 a year to afford the typical home in Greene County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $35,813.

Nearby and similar counties

ZIP codes in Greene County (open on the map)

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