Market Overview
Home Prices in Red Level, AL
The median home value in Red Level, AL is $160,911 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Red Level are priced61% below average.
Over the past five years, Red Level home values have risen by approximately15.6%, reflecting steady appreciation in this market.
Price History
Red Level Home Price Trend
2020
$117,897
$118K
—
2021
$139,210
$139K
+18.1%
2022
$155,546
$156K
+11.7%
2023
$150,674
$151K
-3.1%
2024
$150,635
$151K
+-0.0%
2025
$151,757
$152K
+0.7%
2026
$160,911
$161K
+6.0%
City Comparison
Red Level vs. National Median
🏠 Red Level
$160,911
National Median
$410,000
At $160,911, homes in Red Level cost 61% below the national median of $410,000. This makes Red Level a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Red Level?
20% Down Payment
$32,182
on $160,911
Monthly P&I
$839/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,066/mo
incl. taxes & insurance
Income Needed
$42,640
gross annual (30% rule)
10% Down Option
$16,091
+ PMI applies
Loan Amount (20% dn)
$128,729
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 Red Level, AL?
The median home value in Red Level is $160,911 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Red Level?
Over the past year, home values in Red Level have increased by 6%. Over five years, prices have risen approximately 15.6%.
How much do I need to earn to buy a home in Red Level?
To comfortably afford the median home price of $160,911 with a 20% down payment ($32,182) at today's rates (6.8%), you'd need a gross annual income of approximately $42,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Red Level compare to the national average home price?
The national median home value is approximately $410,000. At $160,911, homes in Red Level are 61% below the national average.