$299,900
15.00 Acres
Land
Listing Office: The Real Estate Group
Is Albertville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Albertville has remained a Seller's Market.
Key Takeaway
Albertville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Albertville, AL
How much do homes in Albertville, AL cost?
Median Sold Price
$239,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+9.1%)
Key Takeaway
Homes in Albertville have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Albertville was $239,000 in November 2024, up 9.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60.4K | - | N/A |
| 2 Bedrooms | $154.7K | $155K | 0.2% |
| 3 Bedrooms | $215K | $227K | +5.6% |
| 4 Bedrooms | $259K | $269.9K | +4.2% |
| 5+ Bedrooms | $499.9K | $383K | -23.4% |
Summary: Albertville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 23.4%.
Median Sold Price Compared To Nearby Cities
| Albertville | $219K | $239K | +9.1% |
| Albertville-Boaz | $217.2K | $225.7K | +3.9% |
| Boaz | $200K | $206.7K | +3.4% |
| Boaz | $203K | $209.2K | +3.1% |
Housing Supply in Albertville, AL
How many homes are available in Albertville, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 136 | 137 | +0.7% |
Summary: The Albertville real estate market had 137 homes for sale in November 2024, a 0.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 89 | 92 | +3.4% |
| 4 Bedrooms | 29 | 28 | -3.4% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Albertville 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 3.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 30 | +57.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Albertville, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Albertville in November 2024, up by 57.9% month-over-month. Of the 30 sold homes, 63% were sold under asking, 17% were sold at asking, and 20% were sold over asking.
Days on Market for Albertville, AL
How long does it take to sell a home in Albertville, AL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Albertville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 30 homes were sold in Albertville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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. 