Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$359,660+2.3% YoY · prices are rising
Market right nowBalanced, leaning sellersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$77,967About 0.8× the local median income ($102,861): affordable for a typical household
Days on market58 daysAbout the same pace as a year ago
Next 12 months+1.3%Zillow expects prices to rise slightly
The typical home in Shelby County, AL is worth $359,660, up 2.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $348,456, so the area is 3.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 58 days to sell, listings are up 9% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 1.3% over the next year. A household needs about $77,967 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 $102,861. Typical rent is $1,730 a month, or $1,933 for a house. In the latest IRS figures, 1,641 more people moved in than out.
Home value over time
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
$359,660
Change in 1 year
+2.3%
Overvalued %
+3.2%
Show 7 more
Fair home value
$348,456
Change in 5 years
+18.1%
Zillow forecast, next 12 months
+1.3%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,949
Income needed to afford it
$77,967
Property tax rate
0.44%
Rent and investing
Typical rent
$1,730
Typical rent for houses
$1,933
Price-to-rent ratio
17.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,375
Gross rental yield
5.77%
Cap rate (estimate)
3.75%
Market activity
Listings vs a year ago
+9.4%
Days on market
58
Listings with a price cut
18.3%
Show 3 more
Homes for sale
1,054
Pending sales per 100 listings
45
Asking price per sq ft
$180
People and jobs
Median household income
$102,861
Population change (1 year)
+1.2%
Unemployment rate
2.9%
Show 4 more
Population
238,552
Income adjusted for cost of living
$112,294
Net moves in (IRS)
+1,641
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
7.7
FEMA hazard risk score (0 to 100)
90.3
Unhealthy air days a year
0
Show 4 more
Flood risk score
91.6
Wildfire risk score
74.3
Walkability (1 to 20)
6.5
Road, rail and air noise
54 dB
Questions people ask
Is Shelby County, AL overvalued?
Home prices in Shelby County, AL are slightly above what local incomes have historically supported: fair value is about $348,456, so the area is 3.2% overvalued.
Is Shelby County, AL a buyer's or seller's market?
Shelby County, AL is a balanced market, leaning toward sellers: homes take about 58 days to sell, listings are up 9% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Shelby County, AL?
Home values in Shelby County, AL are up 2.3% over the last year. Zillow's forecast for the next 12 months is +1.3%.
How much do you need to earn to buy a home in Shelby County, AL?
A household needs about $77,967 a year to afford the typical home in Shelby County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $102,861.