Market Overview
Home Prices in Lipscomb, AL
The median home value in Lipscomb, AL is $66,582 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.6% compared to a year ago and down 11.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lipscomb are priced84% below average. Lipscomb is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Lipscomb home values have risen by approximately10.5%, reflecting steady appreciation in this market.
Price History
Lipscomb Home Price Trend
City Comparison
Lipscomb vs. National Median
At $66,582, homes in Lipscomb cost 84% below the national median of $410,000. This makes Lipscomb a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lipscomb?
20% Down Payment
$13,316
on $66,582
Monthly P&I
$347/mo
30-yr @ 6.8%
Total Monthly Est.
~$441/mo
incl. taxes & insurance
Income Needed
$17,640
gross annual (30% rule)
10% Down Option
$6,658
+ PMI applies
Loan Amount (20% dn)
$53,266
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 Lipscomb, AL?
The median home value in Lipscomb is $66,582 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.6% year-over-year.
How much have home prices changed in Lipscomb?
Over the past year, home values in Lipscomb have increased by 13.6%. Over five years, prices have risen approximately 10.5%.
How much do I need to earn to buy a home in Lipscomb?
To comfortably afford the median home price of $66,582 with a 20% down payment ($13,316) at today's rates (6.8%), you'd need a gross annual income of approximately $17,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Lipscomb compare to the national average home price?
The national median home value is approximately $410,000. At $66,582, homes in Lipscomb are 84% below the national average.
What metro area is Lipscomb part of?
Lipscomb is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.