1 hour on RocketTour
$2,849 Closing Credit¹
#21415518, Mark Bishop, Listing Office: Keller Williams Realty Vestavia
Pelham Housing Market Report March 2025•Shelby County, Alabama
Housing Prices in Pelham, AL
How much do homes in Pelham, AL cost?
Housing Market Conditions
Is Pelham, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Pelham is a Seller's Market
Difference Since February 2025
Last month, Pelham has remained a Seller's Market.
Insight
Pelham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$305,000$175/SqFt
-$66,000
-17.8%
Based on all homes sold in March 2025
Insight
Homes in Pelham have sold for 17.8% less than they did a month ago.
Summary: The median home sold price in Pelham was $305,000 in March 2025, down 17.8% from last month, and the median price per square foot was $175.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Indian Springs Village | $537.5K | $900K | +67.4% |
| Alabaster | $267K | $285K | +6.7% |
| Alabaster-Helena | $364.9K | $356.5K | -2.3% |
| Hoover | $482.5K | $470K | -2.6% |
| Pelham | $371K | $305K | -17.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $205K | $210K | +2.4% |
| 33 Bedrooms | $289K | $290K | 0.3% |
| 44 Bedrooms | $497.7K | $537K | +7.9% |
| 55+ Bedrooms | $627K | $528K | -15.8% |
Summary: Pelham housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.4%. The home price for 3 bedroom homes increased by 0.3%. The home price for 4 bedroom homes increased by +7.9%. The home price for 5 bedroom homes decreased by -15.8%.
How does Pelham, AL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Pelham, AL
Housing supply in Pelham, AL
How many homes are available in Pelham, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 170Last MonthMar 2025 | ||
| 1602 months agoFeb 2025 | +6.3 % Change MoMFeb – Mar |
Summary: The Pelham real estate market had 170 homes for sale in Mar 2025, a 6.3 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 39Last MonthMar 2025 | ||
| 302 months agoFeb 2025 | +30.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 19 | 18 | -5.3% |
| 33 Bedrooms | 47 | 47 | 0.0% |
| 44 Bedrooms | 68 | 76 | +11.8% |
| 55+ Bedrooms | 26 | 29 | +11.5% |
Summary: Pelham housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -5.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +11.8%. The inventory for 5 bedroom homes increased by +11.5%.
Asking Price vs. Sold Price
How much do homes in Pelham, AL cost?
Over Asking Price8 Homes
At Asking Price15 Homes
Under Asking Price16 Homes
Insight
If you're buying a home in Pelham, you may be able to get a good deal. 41% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Pelham in March 2025, up by 30.0% month-over-month. Of the 39 sold homes, 41% were sold under asking, 38% were sold at asking, and and 21% were sold over asking.
Days on Market for Pelham, AL
How long does it take to sell a home in Pelham, AL?
Breakdown of Home Sale Times
Under 30 Days23 Homes
30 – 90 Days8 Homes
Over 90 Days8 Homes
Insight
Many homes in Pelham are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 39 homes were sold in Pelham; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 35 DaysLast MonthMar 2025 | ||
| 37 Days1 month agoFeb 2025 | -5.0 % Change MoMFeb – Mar |
Summary: Homes in Pelham had an average listing age of 35 days in Mar 2025, down by 5.0% compared to the previous month.
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Newest Listings in Pelham, AL
What homes are available in Pelham, AL?
5 hours on RocketTour
$4,868 Closing Credit¹
#21415468, Jeff Jones, Listing Office: Century 21 Advantage
14 hours on RocketTour
$2,730 Closing Credit¹
#21415384, Denise Hogan, Listing Office: Keller Williams Metro South
7 days on RocketBackup offersTour
$3,681 Closing Credit¹
#21414658, Zac Kennedy, Listing Office: RealtySouth The Harbin Company
7 days on RocketBackup offers
$4,216 Closing Credit¹
#21414596, Terri Steinert, Listing Office: ERA King Real Estate Hoover
Tour
$5,699 Closing Credit¹
#21414388, Genny Williams, Listing Office: eXp Realty, LLC Central
Tour
#21414060, Amy Maziarz, Listing Office: Red Hills Realty, LLC
Backup offers
$3,254 Closing Credit¹
#21413998, Susan Wiggonton, Listing Office: Keller Williams Metro South
Backup offers
$2,256 Closing Credit¹
#21413908, Jason Dailey, Listing Office: Keller Williams Realty Vestavia
Backup offersTour
$2,255 Closing Credit¹
#21413785, Jeff Richardson, Listing Office: RealtySouth-MB-Crestline
Tour
$5,581 Closing Credit¹
#21413637, Kim Tanner, Listing Office: Five Star Real Estate, LLC
Tour
$5,047 Closing Credit¹
#21413394, Danielle Turner, Listing Office: Keller Williams Metro South
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, for the period 02/01/2025 - 04/01/2025
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.