Is Adamsville, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adamsville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Adamsville was a Neutral Market.

Key Takeaway

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

Housing Prices in Adamsville, AL

How much do homes in Adamsville, AL cost?

Median Sold Price

$181,200

$125/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$24,700(+15.8%)

Key Takeaway

Homes in Adamsville have sold for 15.8% more than they did a month ago.

Summary: The median home sold price in Adamsville was $181,200 in November 2024, up 15.8% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $156.5K$137.7K
-12.0%
4 $58K$262.4K
+352.5%
5+ $289.9K-
N/A

Summary: Adamsville 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 12%, 4 bedroom homes increased by 352.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Adamsville
+15.8%
Graysville-Adamsville
-20.2%

Housing Supply in Adamsville, AL

How many homes are available in Adamsville, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6163+3.3%

Summary: The Adamsville real estate market had 63 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3837
-2.6%
4 1720
+17.6%
5+ 44
0.0%

Summary: The Adamsville 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 decreased by 2.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Adamsville in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Adamsville, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
33 Days59 Days+74.3%

Summary: Homes in Adamsville had an average of 59 days on market in Nov 2024, up by 74.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Adamsville; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in Adamsville, AL

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