Enterprise, AL home prices
Typical home $177,259 · -2.2% in a year · income needed $47,000
The Enterprise, AL metro area ranks 729 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -2.2% in a year and +16.0% over five years. With 20% down at 7.11%, the typical home costs about $1,096 a month including 0.36% property tax (Coffee County rate).
Mortgage on the typical Enterprise home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,452 | $141,807 | $954 | $0 | $142 | $1,096 | $47,000 |
| 10% down | $17,726 | $159,533 | $1,073 | $66 | $142 | $1,281 | $54,900 |
| 5% down | $8,863 | $168,396 | $1,133 | $70 | $142 | $1,345 | $57,600 |
| 3.5% down (FHA) | $6,204 | $174,049 | $1,171 | $78 | $142 | $1,391 | $59,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.36% 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 Enterprise area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Coffee County, AL | $177,245 | -2.2% | 0.36% |
What can you afford in Alabama on your salary? · Alabama home prices · Salaries in Alabama
Frequently asked questions
How much is a house in Enterprise?
The typical home in the Enterprise, AL metro area is worth $177,259 (Zillow, September 2026).
What salary do you need to buy a house in Enterprise?
About $47,000 a year for the typical home with 20% down at 7.11%.