Home Values in Auburn, Alabama — 2026 Market Report
Updated March 2026 | Balanced Market | +4.2% YoY
The median home value in Auburn, Alabama is $285,000 as of March 2026, which is below the national median of $400,000. Home values in Auburn have increased by 4.2% over the past year and 22.8% over the last five years. With a population of 76,143 and a median household income of $42,250, the price-to-income ratio stands at 6.7x, making Auburn affordable for the average household.
Auburn Housing Market Conditions
| Metric | Auburn | National Avg |
|---|---|---|
| Median Home Value | $285,000 | $400,000 |
| YoY Appreciation | +4.2% | +3.8% |
| 5-Year Appreciation | +22.8% | +22.4% |
| Price per Sq Ft | $87 | $222 |
| Days on Market | 48 days | 45 days |
| Months of Supply | 4.9 | 3.5 |
| List-to-Sale Ratio | 98.1% | 98.5% |
| Monthly Homes Sold | 54 | — |
| Foreclosure Rate | 0.69% | 0.3% |
Home Value Trends in Auburn
A homeowner who purchased at the median price of $232,085 five years ago in Auburn would have gained approximately $52,915 in equity, representing a 22.8% return on investment. Over the past year alone, the typical homeowner gained $11,488 in home equity.
Affordability in Auburn, AL
With a median household income of $42,250 and a median home price of $285,000, the price-to-income ratio in Auburn is 6.7x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,062 compared to estimated monthly ownership costs of $1,451 gives a rent-vs-buy ratio of 0.70. In Auburn, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Auburn
The effective property tax rate in Alabama is 0.41%. On a home valued at $285,000, the estimated annual property tax bill is $1,169, or approximately $97/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Auburn is 88.5 (100 = national average), indicating living costs are below the national average.
Calculate Your Mortgage Payment in Auburn
Use our free calculator to estimate monthly payments for a $285,000 home
Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Auburn, AL?
The median home value in Auburn, Alabama is $285,000 as of March 2026. Home values have changed +4.2% over the past year, with a 5-year appreciation of 22.8%.
Is Auburn a buyer's or seller's market?
Auburn is currently a balanced market with 4.9 months of housing supply. Homes spend an average of 48 days on market, and the list-to-sale price ratio is 98.1%. Supply and demand are relatively balanced.
Are home values going up in Auburn?
Yes, home values in Auburn have increased by 4.2% over the past year. The 5-year appreciation rate is 22.8%, meaning a home worth $232,085 five years ago is now worth $285,000.
Is it better to rent or buy in Auburn?
The average monthly rent in Auburn is $2,062, while estimated monthly homeownership costs are approximately $1,451. The price-to-rent ratio is 11.5. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Alabama Cities
Related Resources
Disclaimer: Home value data for Auburn, Alabama is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.