Market Overview
Home Prices in Enterprise, AL
The median home value in Enterprise, AL is $212,677 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.2% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Enterprise are priced48% below average. Enterprise is part of the Enterprise, AL metro area.
Over the past five years, Enterprise home values have risen by approximately25.6%, reflecting strong long-term appreciation in this market.
Price History
Enterprise Home Price Trend
City Comparison
Enterprise vs. National Median
At $212,677, homes in Enterprise cost 48% below the national median of $410,000. This makes Enterprise a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Enterprise?
20% Down Payment
$42,535
on $212,677
Monthly P&I
$1,109/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,408/mo
incl. taxes & insurance
Income Needed
$56,320
gross annual (30% rule)
10% Down Option
$21,268
+ PMI applies
Loan Amount (20% dn)
$170,142
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 Enterprise, AL?
The median home value in Enterprise is $212,677 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.2% year-over-year.
How much have home prices changed in Enterprise?
Over the past year, home values in Enterprise have increased by 0.2%. Over five years, prices have risen approximately 25.6%.
How much do I need to earn to buy a home in Enterprise?
To comfortably afford the median home price of $212,677 with a 20% down payment ($42,535) at today's rates (6.8%), you'd need a gross annual income of approximately $56,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Enterprise compare to the national average home price?
The national median home value is approximately $410,000. At $212,677, homes in Enterprise are 48% below the national average.
What metro area is Enterprise part of?
Enterprise is part of the Enterprise, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.