Pelham, AL Real Estate & Property Data

Pelham Real Estate Market Trends
Last Updated: March 19, 2024

To gain a better understanding of the real estate market in Pelham, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Pelham, which is refreshed on a daily basis. Based on the latest market trends, a total of 493 residential properties have been sold in Pelham, AL over the past year, with a median home price of $329,900 and 1 foreclosure filings. Additionally, the 2022 effective property tax rate in Pelham is 0.45%. To find more detailed property data for Pelham, Alabama, look no further than ATTOM.

Pelham Real Estate Market Trends
Total Residential Properties 9,012
Total Commercial Properties 948
Avg. Home Age (Single Family Home) 31 Years
Avg. Square Feet (Single Family Home) 2,224
Total 2024 Residential Sales (year-to-date) 24
% of Homes Seriously Underwater (Q1 2024) 0.52%
Total 2023 Residential Sales 469
% of Equity Rich Homes (Q1 2024) 39.2%
Effective 2023 Property Tax 0.45%
Total Foreclosure Filings (year-to-date) 1
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Pelham, AL Real Estate Overview

A total of 493 residential properties have been sold in Pelham, AL over the past year, with a median home price of $305,060. There are currently 9,012 residential properties in Pelham, AL, which can be further analyzed by looking at the 1 zip codes and 629 streets encompassing the city.

Median Sales Price i
$329,900
(Jan 2024)
+0.3%
year-over-year
y-o-y
  • January '24 Jan '24 $329,900
  • December '23 Dec '23 $367,500
  • November '23 Nov '23 $324,750
  • October '23 Oct '23 $335,000
  • September '23 Sep '23 $307,500
  • August '23 Aug '23 $261,500
  • July '23 Jul '23 $303,500
  • June '23 Jun '23 $333,000
  • May '23 May '23 $300,000
  • April '23 Apr '23 $340,000
  • March '23 Mar '23 $310,000
  • February '23 Feb '23 $282,450
Median Down Payment i
$55,000
(Jan 2024)
+60.8%
year-over-year
y-o-y
  • January '24 Jan '24 $55,000
  • December '23 Dec '23 $84,000
  • November '23 Nov '23 $33,356
  • October '23 Oct '23 $44,187
  • September '23 Sep '23 $56,800
  • August '23 Aug '23 $54,500
  • July '23 Jul '23 $70,000
  • June '23 Jun '23 $56,563
  • May '23 May '23 $38,000
  • April '23 Apr '23 $45,775
  • March '23 Mar '23 $35,000
  • February '23 Feb '23 $17,200
Number of Homes Sold i
24
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 24
  • December '23 Dec '23 32
  • November '23 Nov '23 32
  • October '23 Oct '23 45
  • September '23 Sep '23 42
  • August '23 Aug '23 31
  • July '23 Jul '23 43
  • June '23 Jun '23 50
  • May '23 May '23 45
  • April '23 Apr '23 54
  • March '23 Mar '23 41
  • February '23 Feb '23 30
Number of Purchase Loans i
15
(Jan 2024)
-34.8%
year-over-year
y-o-y
  • January '24 Jan '24 15
  • December '23 Dec '23 21
  • November '23 Nov '23 22
  • October '23 Oct '23 29
  • September '23 Sep '23 36
  • August '23 Aug '23 21
  • July '23 Jul '23 31
  • June '23 Jun '23 44
  • May '23 May '23 35
  • April '23 Apr '23 42
  • March '23 Mar '23 36
  • February '23 Feb '23 22
Number of REFI Loans i
20
(Jan 2024)
+53.8%
year-over-year
y-o-y
  • January '24 Jan '24 20
  • December '23 Dec '23 16
  • November '23 Nov '23 18
  • October '23 Oct '23 17
  • September '23 Sep '23 10
  • August '23 Aug '23 15
  • July '23 Jul '23 19
  • June '23 Jun '23 7
  • May '23 May '23 14
  • April '23 Apr '23 38
  • March '23 Mar '23 19
  • February '23 Feb '23 12
Number of HELOC Loans i
12
(Jan 2024)
-25%
year-over-year
y-o-y
  • January '24 Jan '24 12
  • December '23 Dec '23 20
  • November '23 Nov '23 12
  • October '23 Oct '23 16
  • September '23 Sep '23 13
  • August '23 Aug '23 15
  • July '23 Jul '23 12
  • June '23 Jun '23 24
  • May '23 May '23 18
  • April '23 Apr '23 7
  • March '23 Mar '23 5
  • February '23 Feb '23 9

Pelham, AL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Pelham, AL Foreclosure Activity

There were a total of 1 Pelham, AL properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 1 Pelham, AL properties and repossessed 2 Pelham, AL properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
1
(Jan 2024)
-75%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 5
  • October '23 Oct '23 3
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
Foreclosure Starts i
1
(Jan 2024)
-75%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 5
  • October '23 Oct '23 3
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
Completed Foreclosures (REOs) i
2
(Jan 2024)
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
  • February '23 Feb '23 N/A
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