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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atmore is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Atmore has remained a Seller's Market.

Key Takeaway

Atmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Atmore, AL

How much do homes in Atmore, AL cost?

Median Sold Price

$195,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,100(+2.7%)

Key Takeaway

Homes in Atmore have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Atmore was $195,000 in November 2024, up 2.7% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139.9K$104.5K
-25.3%
3 $193K$192.5K
-0.3%
4 $198.1K$252K
+27.2%
5+ $397.5K$257.5K
-35.2%

Summary: Atmore 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 25.3%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes decreased by 35.2%.

Median Sold Price Compared To Nearby Cities

Northwest Escambia
+17.0%
McCullough-Huxford
+12.8%
Atmore
+2.7%

Housing Supply in Atmore, AL

How many homes are available in Atmore, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8879-10.2%

Summary: The Atmore real estate market had 79 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 4539
-13.3%
4 3028
-6.7%
5+ 96
-33.3%

Summary: The Atmore 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 increased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atmore, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Atmore in November 2024, down by 11.8% month-over-month. Of the 15 sold homes, 47% were sold under asking, 53% were sold at asking, and 0% were sold over asking.

Days on Market for Atmore, AL

How long does it take to sell a home in Atmore, AL?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days51 Days+70.2%

Summary: Homes in Atmore had an average of 51 days on market in Nov 2024, up by 70.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Atmore has remained consistent over time.

Summary: During November 2024, 15 homes were sold in Atmore; 13% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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 18 Days Ago

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