Is Cleburne County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleburne County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Cleburne County was a Seller's Market.

Key Takeaway

Cleburne County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cleburne County, AL

How much do homes in Cleburne County, AL cost?

Median Sold Price

$282,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$80,500(+39.9%)

Key Takeaway

Homes in Cleburne County have sold for 39.9% more than they did a year ago.

Summary: The median home sold price in Cleburne County was $282,500 in May 2024, up 39.9% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $183.7K$280K
+52.4%
3 $194.4K$260K
+33.7%
4 $375K$222.5K
-40.7%
5+ -$337.4K
N/A

Summary: Cleburne County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 33.7%, 4 bedroom homes decreased by 40.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Cleburne County
+39.9%
Haralson County
+8.9%

Housing Supply in Cleburne County, AL

How many homes are available in Cleburne County, AL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1817-5.6%

Summary: The Cleburne County real estate market had 17 homes for sale in May 2024, a 5.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 1310
-23.1%
4 23
+50.0%
5+ 11
0.0%

Summary: The Cleburne County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleburne County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cleburne County in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Cleburne County, AL

How long does it take to sell a home in Cleburne County, AL?

Average Sale Time

May 2023May 2024CHANGE
63 Days11 Days-82.5%

Summary: Homes in Cleburne County had an average of 11 days on market in May 2024, down by 82.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cleburne County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Cleburne County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Cleburne County, AL

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