Search homes under $200k

Homes for Sale under $200,000 in North Alabama

Yes, there are still homes under $200,000 in North Alabama. This page tracks every home, townhome and condo listed under $200K across the four counties around Huntsville.

Most of what you will find here are older homes, condos and townhomes, along with homes that need some work. They tend to sell quickly to first-time buyers and investors, so being pre-approved and ready to look the same week matters. For something newer, see our starter homes under $300K.

Madison, Limestone, Morgan and Marshall counties. Live counts from the Valley MLS through Wyze Realty, based on how listing agents tag each home, so a few homes with this feature may be missing. Ask us and we will catch the rest.

By county

By price

Buying under $200K

  • Get pre-approved first. At this price you are often competing with cash investors.
  • Budget for the big-ticket items: roof, HVAC, water heater and foundation.
  • Ask about down payment assistance and FHA, VA and USDA loans, which can lower what you need up front.

Questions

Can I still buy a house under $200,000 near Huntsville?

Yes, though the list is shorter than it used to be and homes move fast. Most are older homes, condos and townhomes, and Decatur, Hartselle and parts of Marshall County tend to have more of them.

Are homes under $200K good investments?

Many local investors buy in this range for rentals. Run the numbers on repairs, taxes, insurance and realistic rent before you buy. Our property management company, Wyze Property Management, can give you a rent estimate.

Shopping under $200K?

These go fast. Set up an alert and talk to us about getting pre-approved so you can move the day the right one lists.

Keep exploring

Newest homes under $200k

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Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..

This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.

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