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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albertville is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Albertville was a Seller's Market.

Key Takeaway

Albertville 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 Albertville, AL

How much do homes in Albertville, AL cost?

Median Sold Price

$239,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,550(+8.9%)

Key Takeaway

Homes in Albertville have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Albertville was $239,000 in December 2024, up 8.9% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $60.4K$60K
-0.7%
2 $151.1K$157K
+3.9%
3 $215K$229K
+6.5%
4 $250K$269.9K
+8.0%
5+ $472.4K$383K
-18.9%

Summary: Albertville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 18.9%.

Median Sold Price Compared To Nearby Cities

Albertville
+8.9%
Albertville-Boaz
+5.0%
Boaz
+2.4%
Boaz
+2.3%

Housing Supply in Albertville, AL

How many homes are available in Albertville, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
129115-10.9%

Summary: The Albertville real estate market had 115 homes for sale in December 2024, a 10.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 108
-20.0%
3 8575
-11.8%
4 2826
-7.1%
5+ 55
0.0%

Summary: The Albertville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3018-40.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albertville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Albertville in December 2024, down by 40.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 28% were sold at asking, and 6% 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

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

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 December 2024, 18 homes were sold in Albertville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in Albertville, AL

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