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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albertville-Boaz is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Albertville-Boaz 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-Boaz, AL

How much do homes in Albertville-Boaz, AL cost?

Median Sold Price

$225,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,550(+4.0%)

Key Takeaway

Homes in Albertville-Boaz have sold for 4% more than they did a year ago.

Summary: The median home sold price in Albertville-Boaz was $225,000 in October 2024, up 4% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $104.4K-
N/A
2 $154.8K$166.5K
+7.5%
3 $210K$219.9K
+4.7%
4 $259.9K$282K
+8.5%
5+ $363K$383K
+5.5%

Summary: Albertville-Boaz housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Cities

Albertville
+5.3%
Boaz
+5.0%
Boaz
+5.0%
Albertville-Boaz
+4.0%

Housing Supply in Albertville-Boaz, AL

How many homes are available in Albertville-Boaz, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147154+4.8%

Summary: The Albertville-Boaz real estate market had 154 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1214
+16.7%
3 9496
+2.1%
4 3336
+9.1%
5+ 77
0.0%

Summary: The Albertville-Boaz housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2624-7.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 24 homes were sold or pending in Albertville-Boaz in October 2024, down by 7.7% month-over-month. Of the 24 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Albertville-Boaz, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Albertville-Boaz, AL

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