Is Enterprise, AL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Enterprise is a seller's market


Difference Since April 2022

Since last year, Enterprise has remained a Seller's Market.

Key Takeaway

Enterprise is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Enterprise, AL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Enterprise have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $14K-
2 $110K$135.5K
3 $178.8K$204.2K
4 $285K$320K
5+ $342.5K$372.4K

How many homes are available in Enterprise, AL?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
2 2019
3 7782
4 8186
5+ 1012

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enterprise, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
47 Days63 Days+33.6%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Enterprise has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Enterprise, AL

Number of homes for sale in Enterprise, AL real estate market have reached 199. The number of listings in Enterprise, AL increased by 5.9% between March 2023 and April 2023. While the average time on the market in April 2023 was 63 days, the median list price was $218,666. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 23.2%, prices of 3 bedrooms properties went up by 14.2%, 4 bedrooms properties prices increased by 12.3%, 5 bedrooms properties prices increased by 8.7%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 5%, 3 bedrooms homes inventory increased by 6.5%, number of 4 bedrooms homes increased by 6.2%, volume of 5 bedrooms homes went up by 20%. In April 2023, from all listings sold in Enterprise, AL there were more than 10 sold above asking price, over 18 sold below and more than 17 were sold right at the asked price.