Market Overview
Home Prices in Altoona, AL
The median home value in Altoona, AL is $203,442 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Altoona are priced50% below average. Altoona is part of the Gadsden, AL metro area.
Over the past five years, Altoona home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Altoona Home Price Trend
2020
$155,739
$156K
—
2021
$170,332
$170K
+9.4%
2022
$190,368
$190K
+11.8%
2023
$182,294
$182K
-4.2%
2024
$190,232
$190K
+4.4%
2025
$193,824
$194K
+1.9%
2026
$203,442
$203K
+5.0%
City Comparison
Altoona vs. National Median
🏠 Altoona
$203,442
National Median
$410,000
At $203,442, homes in Altoona cost 50% below the national median of $410,000. This makes Altoona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Altoona?
20% Down Payment
$40,688
on $203,442
Monthly P&I
$1,061/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,347/mo
incl. taxes & insurance
Income Needed
$53,880
gross annual (30% rule)
10% Down Option
$20,344
+ PMI applies
Loan Amount (20% dn)
$162,754
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Altoona, AL?
The median home value in Altoona is $203,442 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Altoona?
Over the past year, home values in Altoona have increased by 5%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Altoona?
To comfortably afford the median home price of $203,442 with a 20% down payment ($40,688) at today's rates (6.8%), you'd need a gross annual income of approximately $53,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Altoona compare to the national average home price?
The national median home value is approximately $410,000. At $203,442, homes in Altoona are 50% below the national average.
What metro area is Altoona part of?
Altoona is part of the Gadsden, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.