Market Overview
Home Prices in Locust Fork, AL
The median home value in Locust Fork, AL is $226,694 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% 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 Locust Fork are priced45% below average. Locust Fork is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Locust Fork home values have risen by approximately7.8%, reflecting steady appreciation in this market.
Price History
Locust Fork Home Price Trend
City Comparison
Locust Fork vs. National Median
At $226,694, homes in Locust Fork cost 45% below the national median of $410,000. This makes Locust Fork a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Locust Fork?
20% Down Payment
$45,339
on $226,694
Monthly P&I
$1,182/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,501/mo
incl. taxes & insurance
Income Needed
$60,040
gross annual (30% rule)
10% Down Option
$22,669
+ PMI applies
Loan Amount (20% dn)
$181,355
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 Locust Fork, AL?
The median home value in Locust Fork is $226,694 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Locust Fork?
Over the past year, home values in Locust Fork have decreased by 2.2%. Over five years, prices have risen approximately 7.8%.
How much do I need to earn to buy a home in Locust Fork?
To comfortably afford the median home price of $226,694 with a 20% down payment ($45,339) at today's rates (6.8%), you'd need a gross annual income of approximately $60,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Locust Fork compare to the national average home price?
The national median home value is approximately $410,000. At $226,694, homes in Locust Fork are 45% below the national average.
What metro area is Locust Fork part of?
Locust Fork is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.