Market Overview
Home Prices in Level Plains, AL
The median home value in Level Plains, AL is $214,532 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Level Plains are priced48% below average. Level Plains is part of the Ozark, AL metro area.
Over the past five years, Level Plains home values have risen by approximately26.0%, reflecting strong long-term appreciation in this market.
Price History
Level Plains Home Price Trend
City Comparison
Level Plains vs. National Median
At $214,532, homes in Level Plains cost 48% below the national median of $410,000. This makes Level Plains a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Level Plains?
20% Down Payment
$42,906
on $214,532
Monthly P&I
$1,119/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,421/mo
incl. taxes & insurance
Income Needed
$56,840
gross annual (30% rule)
10% Down Option
$21,453
+ PMI applies
Loan Amount (20% dn)
$171,626
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 Level Plains, AL?
The median home value in Level Plains is $214,532 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Level Plains?
Over the past year, home values in Level Plains have decreased by 0.2%. Over five years, prices have risen approximately 26.0%.
How much do I need to earn to buy a home in Level Plains?
To comfortably afford the median home price of $214,532 with a 20% down payment ($42,906) at today's rates (6.8%), you'd need a gross annual income of approximately $56,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Level Plains compare to the national average home price?
The national median home value is approximately $410,000. At $214,532, homes in Level Plains are 48% below the national average.
What metro area is Level Plains part of?
Level Plains is part of the Ozark, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.