Is Jasper, AL 35501 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Jasper is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score21/ 100

More competitive than 15% of U.S. ZIP codes, and #181 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

Months of supply5.2Under 4 months = seller’s market
Sold above original list11.1%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$124▼ −2.1% vs. last year

The Jasper housing market right now

In the three months ending August 31, 2026, 11% of homes in Jasper, AL 35501 sold above their list price, the typical home went under contract in 56 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold more slowly (51 days then) and the median sale price fell 6% to $243,130. Overall, Jasper is about as competitive as it was a year ago.

Within Walker County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Jasper ranks #181 of 249 AL ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Oakman 35579 (0% sold over asking) or Nauvoo 35578 (0% sold over asking), while Empire 35063 (100% sold over asking) and Cordova 35550 (20% sold over asking) are even more competitive.

Nearby markets

Cordova 35550Buyer’s market $119 /sq ftEmpire 35063Buyer’s market $127 /sq ftJasper 35503Balanced $152 /sq ftJasper 35504Seller’s market $148 /sq ft Browse all markets →

Where Jasper is

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Questions about Jasper real estate

Is Jasper a buyer’s or seller’s market?

A balanced market: there were 5.2 months of supply in Jasper, AL 35501 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 Jasper?

The typical home went under contract in 56 days in the latest three months.

Do homes in Jasper sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Jasper?

About 0.26% of a home’s value a year in Walker County, or roughly $1,040 on a $400,000 home.

What is the median home price in Jasper?

The median sale price was $243,130 in the three months ending August 31, 2026, about $124 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