Auburn, AL home prices
Typical home $350,990 · +4.1% in a year · income needed $94,500
The Auburn, AL metro area ranks 220 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.1% in a year and +27.2% over five years. With 20% down at 7.11%, the typical home costs about $2,204 a month including 0.48% property tax (Lee County rate).
Mortgage on the typical Auburn home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $70,198 | $280,792 | $1,889 | $0 | $315 | $2,204 | $94,500 |
| 10% down | $35,099 | $315,891 | $2,125 | $132 | $315 | $2,572 | $110,200 |
| 5% down | $17,550 | $333,441 | $2,243 | $139 | $315 | $2,697 | $115,600 |
| 3.5% down (FHA) | $12,285 | $344,633 | $2,318 | $155 | $315 | $2,789 | $119,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.48% 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.
Counties in the Auburn area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lee County, AL | $350,993 | +4.1% | 0.48% |
What can you afford in Alabama on your salary? · Alabama home prices · Salaries in Alabama
Frequently asked questions
How much is a house in Auburn?
The typical home in the Auburn, AL metro area is worth $350,990 (Zillow, September 2026).
What salary do you need to buy a house in Auburn?
About $94,500 a year for the typical home with 20% down at 7.11%.