Housing in Enterprise
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Enterprise, Alabama
The housing market in Enterprise is considered somewhat competitive, with a median home sale price of $270,000 as of May 2026, reflecting a 7.9% increase year-over-year. The median sale price per square foot was $138, experiencing an 8.0% decrease over the last year. The homeownership rate in Enterprise was 72.3% in 2024, which is higher than the national average. For renters, the average rent for all property types in Enterprise was $1,375 per month as of July 2026.
Housing
About Enterprise, Alabama
Enterprise, Alabama, often recognized as the 'Boll Weevil Capital of the World,' is a vibrant city in the Wiregrass region of southeastern Alabama. Its unique monument to the boll weevil symbolizes the community's resilience and ability to adapt, transforming an agricultural disaster into economic diversification. The city is characterized by a blend of small-town charm and a growing urban environment, significantly influenced by its close proximity to Fort Novosel (formerly Fort Rucker), a major U.S. Army aviation training base. This military presence contributes to a diverse population and a family-friendly atmosphere, attracting both military personnel and civilians seeking a welcoming community with quality schools and a lower cost of living.
About Alabama
Alabama, located in the southeastern United States, is characterized by its Southern charm, rich history, and diverse natural beauty, ranging from the Appalachian foothills to Gulf Coast beaches. The state's economy has diversified beyond its agricultural roots, with major industries now including automotive manufacturing, aerospace, healthcare, banking, and steel production. Living in Alabama generally offers a low cost of living, particularly for housing, which is significantly below the national average. The climate is humid subtropical, featuring hot, humid summers and mild winters with ample sunshine for much of the year, supporting an outdoor-oriented lifestyle.