$2,209 Closing Credit*
$185,999
1,249 SqFt
3 Beds
•2 Full Baths
Jenni Barrera, Listing Office: Keller Williams Realty Vestavia
Is Alabaster, 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, Alabaster was a Seller's Market.
Key Takeaway
Alabaster 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 Alabaster, AL
How much do homes in Alabaster, AL cost?
Median Sold Price
$305,000
$158/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$15,500(-4.8%)
Key Takeaway
Homes in Alabaster have sold for 4.8% less than they did a month ago.
Summary: The median home sold price in Alabaster was $305,000 in November 2024, down 4.8% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $243.4K | $260K | +6.8% |
| 4 Bedrooms | $377.7K | $342.4K | -9.4% |
| 5+ Bedrooms | $575.1K | $559.9K | -2.6% |
Summary: Alabaster 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 increased by 6.8%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Helena | $319K | $344.7K | +8.1% |
| Alabaster-Helena | $344.9K | $349K | +1.2% |
| Alabaster | $320.5K | $305K | -4.8% |
| Maylene | $380K | $257.5K | -32.2% |
Housing Supply in Alabaster, AL
How many homes are available in Alabaster, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 153 | +10.9% |
Summary: The Alabaster real estate market had 153 homes for sale in November 2024, a 10.9% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 58 | 62 | +6.9% |
| 4 Bedrooms | 58 | 64 | +10.3% |
| 5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The Alabaster 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 increased by 100%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alabaster, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Alabaster in November 2024, down by 7.4% month-over-month. Of the 25 sold homes, 40% were sold under asking, 32% were sold at asking, and 28% were sold over asking.
Days on Market for Alabaster, AL
How long does it take to sell a home in Alabaster, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 32 Days | -45.0% |
Summary: Homes in Alabaster had an average of 32 days on market in Nov 2024, down by 45% compared to last month.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alabaster are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in Alabaster; 64% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
