Market Overview
Home Prices in Kennedy, AL
The median home value in Kennedy, AL is $137,768 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.1% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kennedy are priced66% below average. Kennedy is part of the Tuscaloosa, AL metro area.
Over the past five years, Kennedy home values have fallen by approximately3.8%, reflecting softening conditions in this market.
Price History
Kennedy Home Price Trend
City Comparison
Kennedy vs. National Median
At $137,768, homes in Kennedy cost 66% below the national median of $410,000. This makes Kennedy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kennedy?
20% Down Payment
$27,554
on $137,768
Monthly P&I
$719/mo
30-yr @ 6.8%
Total Monthly Est.
~$913/mo
incl. taxes & insurance
Income Needed
$36,520
gross annual (30% rule)
10% Down Option
$13,777
+ PMI applies
Loan Amount (20% dn)
$110,214
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 Kennedy, AL?
The median home value in Kennedy is $137,768 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.1% year-over-year.
How much have home prices changed in Kennedy?
Over the past year, home values in Kennedy have decreased by 4.1%. Over five years, prices have fallen approximately 3.8%.
How much do I need to earn to buy a home in Kennedy?
To comfortably afford the median home price of $137,768 with a 20% down payment ($27,554) at today's rates (6.8%), you'd need a gross annual income of approximately $36,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Kennedy compare to the national average home price?
The national median home value is approximately $410,000. At $137,768, homes in Kennedy are 66% below the national average.
What metro area is Kennedy part of?
Kennedy is part of the Tuscaloosa, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.