Market Overview
Home Prices in Concord, AL
The median home value in Concord, AL is $191,664 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Concord are priced53% below average. Concord is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Concord home values have risen by approximately17.3%, reflecting steady appreciation in this market.
Price History
Concord Home Price Trend
City Comparison
Concord vs. National Median
At $191,664, homes in Concord cost 53% below the national median of $410,000. This makes Concord a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Concord?
20% Down Payment
$38,333
on $191,664
Monthly P&I
$1,000/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,270/mo
incl. taxes & insurance
Income Needed
$50,800
gross annual (30% rule)
10% Down Option
$19,166
+ PMI applies
Loan Amount (20% dn)
$153,331
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 Concord, AL?
The median home value in Concord is $191,664 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Concord?
Over the past year, home values in Concord have increased by 0.1%. Over five years, prices have risen approximately 17.3%.
How much do I need to earn to buy a home in Concord?
To comfortably afford the median home price of $191,664 with a 20% down payment ($38,333) at today's rates (6.8%), you'd need a gross annual income of approximately $50,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Concord compare to the national average home price?
The national median home value is approximately $410,000. At $191,664, homes in Concord are 53% below the national average.
What metro area is Concord part of?
Concord is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.