Thinking about settling down in the Heart of Dixie? Those who say yes should have many options. Alabama has just below 2.3 million housing units and a homeownership rate of 68%, according to the U.S. Census Bureau’s 2018 American Community Survey.
Alabama’s median housing value is $147,900, which is roughly 36% below the national median value of $229,700. Depending on where you look in Alabama, both higher and lower housing prices can be found.
U.S. News conducted an in-depth review of leading direct mortgage lenders. Research was based on program availability and customer satisfaction ratings. Because each consumer has different needs, the top finishers in several key areas were chosen.