$4,026 Closing Credit*
$339,000
2,340 SqFt
4 Beds
•2 Full Baths, 1 Partial
Wade Boggs, Listing Office: Butler Realty
Is Ardmore, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ardmore was a Buyer's Market.
Key Takeaway
Ardmore 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 Ardmore, AL
How much do homes in Ardmore, AL cost?
Median Sold Price
$275,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+3.0%)
Key Takeaway
Homes in Ardmore have sold for 3% more than they did a year ago.
Summary: The median home sold price in Ardmore was $275,000 in November 2024, up 3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $639K | $210K | -67.1% |
| 3 Bedrooms | $245K | $269.9K | +10.2% |
| 4 Bedrooms | $335K | $279.5K | -16.6% |
| 5+ Bedrooms | $550K | $700K | +27.3% |
Summary: Ardmore 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 decreased by 67.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Cities
| Ardmore | $260K | $270K | +3.8% |
| Ardmore | $267K | $275K | +3.0% |
| Ardmore | $277.4K | $273K | -1.6% |
Housing Supply in Ardmore, AL
How many homes are available in Ardmore, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Ardmore real estate market had 21 homes for sale in November 2024, a 8.7% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Ardmore 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 decreased by 66.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ardmore, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Ardmore in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ardmore, AL
How long does it take to sell a home in Ardmore, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ardmore are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Ardmore; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.