Is Baileyton-Joppa, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baileyton-Joppa is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Baileyton-Joppa was a Seller's Market.

Key Takeaway

Baileyton-Joppa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Baileyton-Joppa, AL

How much do homes in Baileyton-Joppa, AL cost?

Median Sold Price

$241,250

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,750(+19.1%)

Key Takeaway

Homes in Baileyton-Joppa have sold for 19.1% more than they did a year ago.

Summary: The median home sold price in Baileyton-Joppa was $241,250 in November 2024, up 19.1% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $92.4K$190K
+105.5%
2 $177K$145K
-18.1%
3 $200K$232.5K
+16.3%
4 $302.5K$390K
+28.9%
5+ $318K$399.6K
+25.7%

Summary: Baileyton-Joppa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.5%, 2 bedroom homes decreased by 18.1%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes increased by 25.7%.

Median Sold Price Compared To Nearby Cities

Baileyton-Joppa
+19.1%
Arab
+7.6%

Housing Supply in Baileyton-Joppa, AL

How many homes are available in Baileyton-Joppa, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
16160.0%

Summary: The Baileyton-Joppa real estate market had 16 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1213
+8.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Baileyton-Joppa 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Baileyton-Joppa in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Baileyton-Joppa, 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 2 Days Ago

Newest Listings in Baileyton-Joppa, AL

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