$10,000
1.01 Acres
Land
Brad Clement, Listing Office: ARC Realty Vestavia-Liberty Pk
Is Abernant, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Abernant was a Buyer's Market.
Key Takeaway
Abernant is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Abernant, AL
How much do homes in Abernant, AL cost?
Median Sold Price
$272,500
$150/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$70,500(-20.6%)
Key Takeaway
Homes in Abernant have sold for 20.6% less than they did a month ago.
Summary: The median home sold price in Abernant was $272,500 in November 2024, down 20.6% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $319.7K | $271.2K | -15.2% |
| 4 Bedrooms | $415K | $280K | -32.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Abernant housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vance | $270.9K | $296.7K | +9.5% |
| Lake View | $296.5K | $279.9K | -5.6% |
| Mc Calla | $307.5K | $285K | -7.3% |
| Abernant | $343K | $272.5K | -20.6% |
| Woodstock | $370K | $240.5K | -35.0% |
Housing Supply in Abernant, AL
How many homes are available in Abernant, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Summary: The Abernant real estate market had 42 homes for sale in November 2024, a 23.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Abernant housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abernant, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Abernant in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Abernant, AL
How long does it take to sell a home in Abernant, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 58 Days | +30.7% |
Summary: Homes in Abernant had an average of 58 days on market in Nov 2024, up by 30.7% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Abernant are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Abernant; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
