Alabaster, AL


Highest Appreciating Alabaster Neighborhoods Since 2000

Alabaster, AL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Alabaster Housing Market Information

With a population of 32,707, 10,556 total housing units (homes and apartments), and a median house value of $188,037, Alabaster real estate is some of the most expensive in Alabama, although Alabaster home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Alabaster, accounting for 83.95% of the city's housing units. Other types of housing that are prevalent in Alabaster include large apartment complexes or high rise apartments ( 5.84%), mobile homes or trailers ( 5.34%), and a few row houses and other attached homes ( 3.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Alabaster. Owner-occupied housing accounts for 82.15% of Alabaster's homes, and 80.31% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Alabaster built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Alabaster built between 2000 and later ( 24.76%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.16%). There's also some housing in Alabaster built before 1939 ( 1.16%).

Alabaster Home Appreciation Rates

Real estate appreciation rates in Alabaster's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.20% during the period.

NeighborhoodScout's data show that during the latest twelve months, Alabaster's appreciation rate, at 4.90%, has been at or slightly above the national average. In the latest quarter, Alabaster's appreciation rate has been 1.16%, which annualizes to a rate of 4.72%.

Relative to Alabama, our data show that Alabaster's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Alabaster differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Alabaster - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Alabaster real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,170,000 0.2
$877,001 - $1,170,000 0.3
$585,001 - $877,000 0.7
$467,001 - $585,000 1.7
$351,001 - $467,000 6.1
$234,001 - $351,000 18.7
$117,001 - $234,000 59.5
$58,001 - $117,000 6.8
$0 - $58,000 6.0

Very High for AL
High for Nation

Value Relative to Nation Value Relative to State
37.9120557409684 5.75

Number Of Homes And Apartments:

Alabaster Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
29.01% 1.45% 4 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,415 / per month

Homeownership Rate

Owners 82.15
Renters 17.85
Vacant 6.44

Housing Market Details


Age of Homes

AGE OF Alabaster HOMES
2000 or Newer 24.8
1970 - 1999 67.9
1940 - 1969 6.2
1939 or Older 1.2

Types of Homes

Single-Family 83.9
Townhomes 3.4
Small Apt. Buildings 1.4
Apt. Complexes 5.8
Mobile Homes 5.3
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 1.75
2 Bedrooms 10.97
3 Bedrooms 54.94
4 Bedrooms 25.38
5 or more bedrooms 6.97