The lakefront real estate market in Alabama has shown substantial growth compared to the spring of 2024. According to the most recent market report from Lake Homes Realty, Alabama’s total market value has surged to $1.52 billion, up from $1.39 billion in the previous spring.
Stephanie Johnston of Lake Homes Realty points out that Wilson Lake and Pickwick Lake are standout markets in the state, ranking sixth and seventh, respectively. Wilson Lake currently boasts 170 lakefront properties on the market, priced between $24,000 and $8 million, with an average home price of $946,996. Pickwick Lake offers 90 properties ranging from $8,000 to $2.95 million, with an average home price of $431,801. This positive trajectory in property values and inventory indicates a strong and growing interest in Alabama’s lakefront real estate market.
“The new Lake Real Estate Market Report from Lake Homes Realty shows Alabama’s total market at $1.52 billion, up from $1.39 billion in the spring of 2024,” said Stephanie Johnston of Lake Homes Realty, who focuses on Wilson Lake, Shoal Creek, Elk River, and Pickwick Lake. – 265 Today