Colbert County, Alabama home prices
Typical home $196,003 · +2.0% in a year · property tax 0.4%
The typical home in Colbert County is worth $196,003, 18% less than the Alabama typical home ($238,614). Values changed +2.0% in the past year and +23.6% over five years. Homeowners here pay a median 0.4% of their home's value in property tax each year ($777 on the typical home), versus 0.38% statewide.
Mortgage on the typical Colbert County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $39,201 | $156,803 | $1,055 | $0 | $163 | $1,218 | $52,200 |
| 10% down | $19,600 | $176,403 | $1,187 | $74 | $163 | $1,423 | $61,000 |
| 5% down | $9,800 | $186,203 | $1,253 | $78 | $163 | $1,493 | $64,000 |
| 3.5% down (FHA) | $6,860 | $192,453 | $1,295 | $87 | $163 | $1,544 | $66,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.4% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alabama · part of the Florence metro area.
Alabama counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mobile County | $195,684 | +0.4% | 0.47% |
| Russell County | $197,342 | +4.5% | 0.38% |
| Henry County | $193,549 | +1.6% | 0.34% |
| Houston County | $200,548 | +1.5% | 0.31% |
| Jackson County | $189,054 | -0.5% | 0.3% |
| Etowah County | $185,226 | +5.8% | 0.39% |
| Randolph County | $207,016 | +4.3% | 0.25% |
| Winston County | $207,200 | +6.5% | 0.32% |
| Coosa County | $180,253 | +5.2% | 0.27% |
| Hale County | $178,463 | +5.8% | 0.32% |
Frequently asked questions
What is the average home price in Colbert County, AL?
The typical home value in Colbert County is $196,003 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Colbert County?
About $52,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Colbert County?
The median effective rate is 0.4% of home value a year (Census ACS 2024 5-year estimates).