Pell, AL housing market
The typical Pell home is worth about $290,000, up 3.8% in a year, 20% above the Alabama typical home. Homes typically sell in 62 days, below asking.
Home values, sales, trends and how Pell compares with the towns next door — updated as new data is published.
Pell at a glance
A seller's market
Supply is tight — about 3.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Pell | Alabama |
|---|---|---|
| 2017 | $186,000 | $147,000 |
| 2018 | $189,000 | $152,000 |
| 2019 | $196,000 | $158,000 |
| 2020 | $214,000 | $170,000 |
| 2021 | $235,000 | $188,000 |
| 2022 | $267,000 | $215,000 |
| 2023 | $278,000 | $228,000 |
| 2024 | $273,000 | $233,000 |
| 2025 | $278,000 | $238,000 |
| 2026 | $282,000 | $239,000 |
| August 2026 | $290,000 | $242,000 |
63 new homes permitted in 2025
Builders were permitted 63 new homes in Pell in 2025, all single-family houses, worth about $15.1 million to build. That's 4.6 per 1,000 residents, about the pace of Alabama as a whole. Over the past 10 years, Pell has permitted 1,036 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Pell gained 244 residents while 584 new homes were permitted: about 0.4 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Alabama: 1.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 101 | 45 | 56 | $22.9 million |
| 2025 | 63 | 63 | 0 | $15.1 million |
| 2024 | 134 | 134 | 0 | $31.4 million |
| 2023 | 95 | 95 | 0 | $24.1 million |
| 2022 | 144 | 144 | 0 | $39.2 million |
| 2021 | 194 | 194 | 0 | $33.9 million |
| 2020 | 146 | 144 | 2 | $20 million |
| 2019 | 101 | 97 | 4 | $18.1 million |
| 2018 | 80 | 80 | 0 | $13.4 million |
| 2017 | 47 | 47 | 0 | $9.6 million |
| 2016 | 32 | 32 | 0 | $6.2 million |
| 2015 | 30 | 30 | 0 | $6.1 million |
| 2014 | 26 | 26 | 0 | $5.1 million |
| 2013 | 106 | 46 | 60 | $14.5 million |
| 2012 | 27 | 27 | 0 | $3.7 million |
| 2011 | 93 | 93 | 0 | $11.8 million |
| 2010 | 42 | 42 | 0 | $5.3 million |
| 2009 | 76 | 20 | 56 | $7.6 million |
| 2008 | 47 | 47 | 0 | $7.5 million |
| 2007 | 85 | 85 | 0 | $13.5 million |
| 2006 | 168 | 154 | 14 | $23 million |
| 2005 | 332 | 168 | 164 | $29.7 million |
| 2004 | 130 | 74 | 56 | $12.4 million |
| 2003 | 83 | 81 | 2 | $11 million |
| 2002 | 57 | 57 | 0 | $7.5 million |
| 2001 | 167 | 59 | 108 | $10.7 million |
| 2000 | 76 | 73 | 3 | $7.7 million |
How Pell ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Pell and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pell | $290K | +3.8% | $1,270 | 63 | $68,638 |
| Riverside | $321K | +4.4% | $1,220 | 6 | $83,664 |
4.2 years of income
The typical Pell home costs about 4.2 years of the town's median household income, more than across Alabama (3.8 years).
How Pell ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,270
HUD's Fair Market Rent for a two-bedroom in Pell is $1,270 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pell pay a median of $1,099, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $1,030 · 4 bedrooms $1,800
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (35054, 35125, 35128; Birmingham-Hoover, AL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Pell
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.