Is Chambers County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chambers County has remained a Seller's Market.
Key Takeaway
Chambers County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chambers County, AL
How much do homes in Chambers County, AL cost?
Median Sold Price
$159,900
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Chambers County have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Chambers County was $159,900 in May 2024, up 15.2% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | - | N/A |
| 2 Bedrooms | $103.7K | $99.9K | -3.7% |
| 3 Bedrooms | $143.5K | $159K | +10.8% |
| 4 Bedrooms | $227K | $276.9K | +22.0% |
| 5+ Bedrooms | $175K | $384.9K | +120.0% |
Summary: Chambers 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 decreased by 3.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 120%.
Median Sold Price Compared To Nearby Counties
| Chambers County | $138.8K | $159.9K | +15.2% |
| Harris County | $318.1K | $345K | +8.5% |
| Troup County | $242.7K | $256.5K | +5.7% |
Housing Supply in Chambers County, AL
How many homes are available in Chambers County, AL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 43 | -2.3% |
Summary: The Chambers County real estate market had 43 homes for sale in May 2024, a 2.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 31 | 28 | -9.7% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chambers 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 decreased by 33.3%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chambers County, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Chambers County in May 2024, up by 18.2% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Chambers County, AL
How long does it take to sell a home in Chambers County, AL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 65 Days | +51.2% |
Summary: Homes in Chambers County had an average of 65 days on market in May 2024, up by 51.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chambers County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Chambers County; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 