Is Alabaster, AL 35007 a buyer’s or seller’s market?
Alabaster is a seller’s market. With about 3.2 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 56% of U.S. ZIP codes, and #26 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Alabaster housing market right now
In the three months ending August 31, 2026, 24% of homes in Alabaster, AL 35007 sold above their list price, the typical home went under contract in 43 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 111 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold faster (55 days then) and the median sale price rose 3% to $314,364. Overall, Alabaster is about as competitive as it was a year ago.
Within Shelby County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Alabaster ranks #26 of 249 AL ZIP codes with enough sales (score 55 out of 100).
Nearby, buyers who want less competition could look at Vandiver 35176 (0% sold over asking) or Shelby 35143 (0% sold over asking), while Vincent 35178 (33% sold over asking) and Birmingham 35244 (31% sold over asking) are even more competitive.
Run the numbers for 35007
Nearby markets
Birmingham 35242Seller’s market $198 /sq ftBirmingham 35244Seller’s market $176 /sq ftCalera 35040Balanced $160 /sq ftChelsea 35043Balanced $175 /sq ft Browse all markets →Towns like Alabaster nearby
Find towns like Alabaster in other states →Where Alabaster is
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Questions about Alabaster real estate
Is Alabaster a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Alabaster, AL 35007 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Alabaster?
The typical home went under contract in 43 days in the latest three months.
Do homes in Alabaster sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Alabaster?
About 0.44% of a home’s value a year in Shelby County, or roughly $1,760 on a $400,000 home.
What is the median home price in Alabaster?
The median sale price was $314,364 in the three months ending August 31, 2026, about $158 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology