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RED BAY, AL 35582

Real Estate Market Report  ·  Franklin County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The RED BAY, AL real estate market (35582) currently shows 15 active listings, with 3 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 53 days on market compared to 89 days last year.

The median listing price has fallen 19.4% year-over-year, from $169,900 to $137,000.

Whether you are buying or selling in RED BAY, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,518  ·  Density: 19.2/mi²  ·  Median household income: $37,991

Typical home value: $102,443  ·  Homeownership: 65.9%

Market Overview

Active Listings
15
⇩ 6.3% vs 16 last year
Pending
3
20% pending ratio
Median Price
$137,000
⇩ 19.4% vs $169,900 last year
Average Price
$190,053
⇩ 29.1% vs $268,206 last year
Days on Market
53
⇩ 40.4% vs 89 days last year

Price Per Square Foot

Median $/sqft
$108
⇩ 2.7% vs $111/sqft last year
Median Home Size
1,316 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 16 last year
  • Days on market: 53 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $137,000 (-19.4% YoY)
  • Average: $190,053 (-29.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.6 miles — 193 listings ($60,396,122 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
35582Red Bay, AL 355820.0 mi13$2,294,799$135,000$176,523
35593Vina, AL 355939.0 mi5$408,000$79,900$81,600
38838Dennis, MS 3883810.4 mi5$1,832,415$320,000$366,483
35653Russellville, AL 3565313.2 mi30$8,949,000$239,900$298,300
38859New Site, MS 3885916.2 mi1$389,000$389,000$389,000
35616Cherokee, AL 3561618.0 mi22$11,945,494$457,200$542,977
38876Tremont, MS 3887620.3 mi1$210,500$210,500$210,500
38843Fulton, MS 3884321.9 mi45$13,799,925$265,000$306,665
35570Hamilton, AL 3557022.9 mi42$11,660,208$272,500$277,624
38855Mantachie, MS 3885524.9 mi8$1,861,264$205,225$232,658
35654Russellville, AL 3565427.1 mi19$6,770,517$272,425$356,343
35543Bear Creek, AL 3554327.2 mi1$205,000$205,000$205,000
35552Detroit, AL 3555228.6 mi1$70,000$70,000$70,000

Frequently Asked Questions

How many homes are for sale in RED BAY, AL 35582?

As of March 2026, there are 15 active listings in RED BAY, AL (zip code 35582), compared to 16 the prior year.

What is the median home price in RED BAY, AL 35582?

The median listing price in RED BAY, AL 35582 is $137,000 as of March 2026, a 19.4% decrease from $169,900 the prior year.

How long do homes stay on the market in RED BAY, AL?

Homes in RED BAY, AL 35582 spend an average of 53 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in RED BAY, AL 35582?

Based on current inventory and days-on-market data as of March 2026, RED BAY, AL 35582 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 89 days last year.

How much can I save on real estate commission in RED BAY, AL?

With SELL123.com's maximum 3% commission, sellers in RED BAY, AL 35582 save an estimated $2,740 compared to a typical 5% commission on the median listing price of $137,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.