$3,741 Closing Credit*
$315,000
3 Beds
•2 Full Baths
Rebecca Smith, Listing Office: IXL Real Estate LLC
Is Berkleigh, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Berkleigh was a Neutral Market.
Key Takeaway
Berkleigh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Berkleigh, AL
How much do homes in Berkleigh, AL cost?
Median Sold Price
$249,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$15,500(+6.6%)
Key Takeaway
Homes in Berkleigh have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Berkleigh was $249,500 in August 2024, up 6.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147.5K | $151.2K | +2.5% |
| 3 Bedrooms | $220K | $249K | +13.2% |
| 4 Bedrooms | $281.5K | $385.7K | +37.0% |
| 5+ Bedrooms | $464K | - | N/A |
Summary: Berkleigh housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 37%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Reichlieu | $196K | $217.7K | +11.1% |
| Berkleigh | $234K | $249.5K | +6.6% |
Housing Supply in Berkleigh, AL
How many homes are available in Berkleigh, AL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The Berkleigh real estate market had 30 homes for sale in August 2024, a 25.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Berkleigh housing inventory by bedroom type for August 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 16.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berkleigh, 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 Berkleigh in August 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Berkleigh, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.