Ozark, AL Housing Market
AI-powered market intelligence for the Ozark, AL metro area.
PropertyIQ Scores
Ozark, AL Market Analysis
Market Overview
Ozark, Alabama presents a weak market profile according to its PropertyIQ Score of 27/100. This low score is driven by several underlying metrics, including a 12-month home value momentum of 5.14%, a 3-month home value momentum of -0.88%, a median days on market of 59 days, and a share of listings with a price cut of 24.2%. These figures point to a housing market that has recently cooled, even as it has posted a modest annual gain. The median home value in Ozark is $163,135, which is significantly below the state average of $241,009—a difference of $77,874. While this lower price point may suggest relative affordability, the overall PropertyIQ score indicates that conditions are not broadly favorable.
The market also shows a notable divergence between home values and rents. The rent index in Ozark is $1,343, which is $380 above the state average of $963. In other words, rents are higher than the state benchmark even though home values are considerably lower. The unemployment rate is 3.2%, matching the state average and suggesting a stable employment base. However, median household income is $53,955, which is $8,072 below the state average of $62,027. This income gap may limit local buying power despite the lower median home value. There are 165 homes for sale, and population growth data is not available, so migration trends cannot be assessed from the provided figures.
Key Trends
One clear trend is mixed home value momentum. The 12-month home value momentum of 5.14% indicates that prices were higher than a year ago, but the 3-month momentum of -0.88% shows a recent pullback. The year-over-year home value change was $7, a very modest increase that suggests annual appreciation has slowed and may be flattening. This combination of positive annual growth and negative short-term momentum points to a market in transition.
A second trend is softening seller conditions. With 165 homes for sale, a median days on market of 59 days, and 24.2% of listings showing a price cut, sellers appear to be adjusting their expectations. Nearly one in four listings has reduced its asking price, which is a meaningful signal of weaker demand or increased competition among sellers. A median time on market of nearly two months is not extreme, but when paired with the price-cut share, it suggests that homes are taking longer to move and that buyers have more leverage.
A third trend is the affordability gap relative to state benchmarks. The median home value of $163,135 is well below the state average of $241,009, but median household income of $53,955 is also below the state average of $62,027. This means the lower home price is partly offset by lower local incomes. At the same time, the rent index of $1,343 is above the state average, making rental housing relatively expensive compared with the state benchmark. This unusual spread between home values and rents may shape local housing decisions.
A fourth trend is labor market stability. The unemployment rate in Ozark is 3.2%, matching the state average. That stability provides a baseline of economic activity, though it has not translated into stronger home value momentum or a higher PropertyIQ score.
Who Is This Market For
This market may suit budget-conscious first-time buyers who are drawn to the lower median home value of $163,135. Compared with the state average of $241,009, Ozark offers a meaningfully lower price point. However, buyers should recognize that median household income is also below the state average, which could affect loan qualification and affordability even with lower home prices.
The market may also appeal to rental property investors. The rent index of $1,343 is $380 above the state average, while the median home value is $77,874 below the state average. That combination could create attractive conditions for investors seeking lower acquisition costs relative to rental income. Still, the 24.2% share of listings with price cuts and the median days on market of 59 days suggest that resale conditions are not especially strong, so investors should factor in a potentially slower sales market.
Move-up buyers and sellers may find this market less favorable. The negative 3-month home value momentum and the relatively high share of price cuts indicate that sellers are facing more competition from inventory and are more likely to negotiate. The weak PropertyIQ score of 27/100 further suggests that this is not a high-appreciation market in the current period.
Outlook
The outlook for Ozark is cautious. The negative 3-month home value momentum of -0.88% and the 24.2% share of listings with a price cut point to continued softness in the near term. With a median days on market of 59 days, homes are taking roughly two months to sell, which may keep pressure on pricing. At the same time, the 12-month home value momentum of 5.14% and a stable unemployment rate of 3.2% provide some underlying support. The lower median home value relative to the state average may continue to attract cost-conscious buyers, but the below-average median household income of $53,955 could limit demand. Population growth data is not available, so the outlook cannot account for migration trends. Based on the provided metrics, the market is likely to remain flat to soft unless short-term momentum improves or inventory levels tighten.
AI-generated analysis based on current market data. Last updated August 29, 2026.
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Ozark, AL market data
Ozark, AL Housing Market Overview
Ozark, AL's median home value is $163K, up 5.1% over the past year. Homes here sell in a median 59 days. Its PropertyIQ Score of 27 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Ozark, AL area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across AL and every other US state.
Southeastern markets benefit from manufacturing investment, logistics infrastructure, and relative affordability compared to national averages. The region's population growth — driven by both domestic migration and natural increase — supports sustained housing demand across metro and suburban areas. Within the Southeast, Ozark, AL's PropertyIQ Score of 27 runs below the Southeast norm.
Each month, PropertyIQ updates its score for Ozark, AL using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 5.1% over the past year.
Use PropertyIQ's interactive analytics to compare Ozark, AL against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Ozark, AL metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Ozark, AL a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Ozark, AL currently scores 27, a weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $163K, up 5.1% over the past year. So whether Ozark, AL is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Ozark, AL?
Ozark, AL's PropertyIQ Score is 27, indicating weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 27 places Ozark, AL below its state benchmark.
Are home prices in Ozark, AL rising or falling?
Home prices in Ozark, AL are rising. Over the past year, the median home value increased 5.1%, reaching $163K. Over the latest three months, values slipped 0.9%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Ozark, AL's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Ozark, AL?
In Ozark, AL, homes sell in a median of 59 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 24% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Ozark, AL market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.