Market Overview
Home Prices in Leeds, AL
The median home value in Leeds, AL is $256,175 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leeds are priced38% below average. Leeds is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Leeds home values have risen by approximately23.9%, reflecting strong long-term appreciation in this market.
Price History
Leeds Home Price Trend
City Comparison
Leeds vs. National Median
At $256,175, homes in Leeds cost 38% below the national median of $410,000. This makes Leeds a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leeds?
20% Down Payment
$51,235
on $256,175
Monthly P&I
$1,336/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,697/mo
incl. taxes & insurance
Income Needed
$67,880
gross annual (30% rule)
10% Down Option
$25,618
+ PMI applies
Loan Amount (20% dn)
$204,940
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 Leeds, AL?
The median home value in Leeds is $256,175 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Leeds?
Over the past year, home values in Leeds have increased by 2.8%. Over five years, prices have risen approximately 23.9%.
How much do I need to earn to buy a home in Leeds?
To comfortably afford the median home price of $256,175 with a 20% down payment ($51,235) at today's rates (6.8%), you'd need a gross annual income of approximately $67,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Leeds compare to the national average home price?
The national median home value is approximately $410,000. At $256,175, homes in Leeds are 38% below the national average.
What metro area is Leeds part of?
Leeds is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.