Is Gadsden, AL 35905 a buyer’s or seller’s market?
Gadsden is a seller’s market. With about 2.6 months of supply and 4% 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 18% of U.S. ZIP codes, and #165 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 Gadsden housing market right now
In the three months ending August 31, 2026, 4% of homes in Gadsden, AL 35905 sold above their list price, the typical home went under contract in 56 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (67 days then) and the median sale price fell 19% to $219,905. Overall, Gadsden is less competitive than a year ago, which gives buyers more room.
Within Etowah County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Gadsden ranks #165 of 249 AL ZIP codes with enough sales (score 24 out of 100).
Nearby, buyers who want less competition could look at Gallant 35972 (0% sold over asking), while Rainbow City 35906 (26% sold over asking) and Gadsden 35907 (22% sold over asking) are even more competitive.
Run the numbers for 35905
Nearby markets
Altoona 35952Balanced $124 /sq ftAttalla 35954Balanced $126 /sq ftBoaz 35956Buyer’s market $137 /sq ftGadsden 35901Balanced $127 /sq ft Browse all markets →Towns like Gadsden nearby
Find towns like Gadsden in other states →Where Gadsden is
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Questions about Gadsden real estate
Is Gadsden a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Gadsden, AL 35905 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 Gadsden?
The typical home went under contract in 56 days in the latest three months.
Do homes in Gadsden sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Gadsden?
About 0.39% of a home’s value a year in Etowah County, or roughly $1,560 on a $400,000 home.
What is the median home price in Gadsden?
The median sale price was $219,905 in the three months ending August 31, 2026, about $133 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