Comprehensive market data and analysis• Updated Dec 2025
11.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 9 | 15 | 28 |
| 1-2 acres | - | 2 | 2 | 6 |
| 2-5 acres | - | 3 | 5 | 7 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 14 | 23 | 45 |
Acreage buckets
The median price for land in Theodore, Alabama is currently $30K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $263 while premium lots reached $498K.
Theodore, Alabama is currently a buyer's market with 11.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 31.7% year-over-year.
Theodore, Alabama currently has 11.2 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 56 active listings in Theodore, Alabama. 18 new listings have hit the market in the last 90 days. The median asking price is $98K.
Land in Theodore, Alabama averages $283K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 24,002 sq ft.
The current absorption rate in Theodore, Alabama is 8.9% (3-month basis), indicating moderate demand. With depreciating values (-31.7% YoY), buyers may find value opportunities. The top-performing broker in this market is Keller Williams - Mobile.
The 3-month absorption rate in Theodore, Alabama is 8.9%. The 12-month rate is 8.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.