Market Overview
Home Prices in Laceys Spring, AL
The median home value in Laceys Spring, AL is $244,320 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% 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 Laceys Spring are priced40% below average. Laceys Spring is part of the Decatur, AL metro area.
Over the past five years, Laceys Spring home values have risen by approximately15.6%, reflecting steady appreciation in this market.
Price History
Laceys Spring Home Price Trend
City Comparison
Laceys Spring vs. National Median
At $244,320, homes in Laceys Spring cost 40% below the national median of $410,000. This makes Laceys Spring a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laceys Spring?
20% Down Payment
$48,864
on $244,320
Monthly P&I
$1,274/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,618/mo
incl. taxes & insurance
Income Needed
$64,720
gross annual (30% rule)
10% Down Option
$24,432
+ PMI applies
Loan Amount (20% dn)
$195,456
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 Laceys Spring, AL?
The median home value in Laceys Spring is $244,320 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Laceys Spring?
Over the past year, home values in Laceys Spring have increased by 4%. Over five years, prices have risen approximately 15.6%.
How much do I need to earn to buy a home in Laceys Spring?
To comfortably afford the median home price of $244,320 with a 20% down payment ($48,864) at today's rates (6.8%), you'd need a gross annual income of approximately $64,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Laceys Spring compare to the national average home price?
The national median home value is approximately $410,000. At $244,320, homes in Laceys Spring are 40% below the national average.
What metro area is Laceys Spring part of?
Laceys Spring is part of the Decatur, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.