Auburn housing market

Buyer's marketAuburn, AL metro areaData through Sep 2026
Typical home value
$351K
▲ 4.1% 1 yr
Typical rent
$1,595/mo
▲ 5.1% 1 yr
12-month forecast
+3.4%
#94 of 546 metros
Gross rent yield
5.5%
#348 of 546 · U.S. 6.3%
Days to pending
62 days
▲ +8 days 1 yr
Listings with a price cut
23%
▼ −2.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $350,990, up 4.1% in a year and up 27% over five years.
  • 2Zillow forecasts home values rising 3.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,595/mo (+5.1% YoY), a 5.5% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,929/mo in principal and interest, $334 more than renting.
  • 5Homes go under contract in 62 days (+8 days vs last year); 23% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 41/100, #263 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $351K
$206K$251K$296K$341K2016201920222025
Typical monthly rent
Latest $1,595
$908$1,121$1,334$1,5472016201920222025

How fast homes are selling

Days to go under contract
Latest 62
213652672020202220242026
Share of listings with a price cut
Latest 23.2%
7.9%13.5%19.1%24.7%20182020202220242026
Homes for sale vs new listings
Latest 952
For saleNew listings
1985188381,15820182020202220242026
Share of homes sold above list price
Latest 16.1%
16.0%25.8%35.5%45.3%2020202220242026

Affordability

Household income needed to buy vs rent
Latest $90K
To buy (20% down)To rent
$38K$55K$71K$87K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Auburn compares

MeasureAuburnUnited StatesRank of 546
Home value, 1-yr change+4.1%+1.2%#116
Home value, 5-yr change+27.2%+19.7%
12-month forecast+3.4%+1.1%#94
Rent, 1-yr change+5.1%+2.7%#110
Gross rent yield5.5%6.3%#348
Price-to-rent ratio18.315.8
Mortgage P&I on typical home$1,929$2,012
Income needed to buy$90,426$100,902
Days to pending6256

Cities in the Auburn metro

2 cities with home value and rent data.

Auburn$421K▲ 4.1%$1,681▲ 5.8%4.8%
Opelika$309K▲ 3.1%$1,437▲ 2.4%5.6%

Run the numbers

Other Alabama metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.