Market Overview
Home Prices in Powell, AL
The median home value in Powell, AL is $197,910 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.8% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Powell are priced52% below average. Powell is part of the Fort Payne, AL metro area.
Over the past five years, Powell home values have risen by approximately25.2%, reflecting strong long-term appreciation in this market.
Price History
Powell Home Price Trend
City Comparison
Powell vs. National Median
At $197,910, homes in Powell cost 52% below the national median of $410,000. This makes Powell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Powell?
20% Down Payment
$39,582
on $197,910
Monthly P&I
$1,032/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,311/mo
incl. taxes & insurance
Income Needed
$52,440
gross annual (30% rule)
10% Down Option
$19,791
+ PMI applies
Loan Amount (20% dn)
$158,328
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 Powell, AL?
The median home value in Powell is $197,910 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.8% year-over-year.
How much have home prices changed in Powell?
Over the past year, home values in Powell have increased by 7.8%. Over five years, prices have risen approximately 25.2%.
How much do I need to earn to buy a home in Powell?
To comfortably afford the median home price of $197,910 with a 20% down payment ($39,582) at today's rates (6.8%), you'd need a gross annual income of approximately $52,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Powell compare to the national average home price?
The national median home value is approximately $410,000. At $197,910, homes in Powell are 52% below the national average.
What metro area is Powell part of?
Powell is part of the Fort Payne, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.