$149,900
9.77 Acres
Land
Listing Office: Re/Max Legacy
Is Athens, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Athens was a Seller's Market.
Key Takeaway
Athens 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 Athens, AL
How much do homes in Athens, AL cost?
Median Sold Price
$315,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,778(+0.6%)
Key Takeaway
Homes in Athens have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Athens was $315,000 in October 2024, up 0.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.5K | $92K | -1.6% |
| 2 Bedrooms | $225K | $203.7K | -9.4% |
| 3 Bedrooms | $280K | $279.8K | 0% |
| 4 Bedrooms | $402.8K | $375K | -6.9% |
| 5+ Bedrooms | $484.5K | $561.5K | +15.9% |
Summary: Athens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Madison | $373.1K | $385.4K | +3.3% |
| Athens | $313.2K | $315K | +0.6% |
| Huntsville | $335K | $331.9K | -0.9% |
Housing Supply in Athens, AL
How many homes are available in Athens, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 496 | 543 | +9.5% |
Summary: The Athens real estate market had 543 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 208 | 241 | +15.9% |
| 4 Bedrooms | 221 | 232 | +5.0% |
| 5+ Bedrooms | 46 | 48 | +4.3% |
Summary: The Athens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 79 | +2.6% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Athens, you may be able to get a good deal. 55.1% of homes here sold below asking price last month.
Summary: A total of 79 homes were sold or pending in Athens in October 2024, up by 2.6% month-over-month. Of the 78 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% were sold over asking.
Days on Market for Athens, AL
How long does it take to sell a home in Athens, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 19 Days | -75.3% |
Summary: Homes in Athens had an average of 19 days on market in Oct 2024, down by 75.3% compared to last year.
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 Athens are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 79 homes were sold in Athens; 1% 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.
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