$2,244 Closing Credit*
$189,000
1,155 SqFt
3 Beds
•1 Full Bath
Listing Office: Main Street Realty Plus, LLC
Is Boaz, 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, Boaz was a Seller's Market.
Key Takeaway
Boaz 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 Boaz, AL
How much do homes in Boaz, AL cost?
Median Sold Price
$210,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+5.0%)
Key Takeaway
Homes in Boaz have sold for 5% more than they did a year ago.
Summary: The median home sold price in Boaz was $210,000 in October 2024, up 5% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $35K | -75.0% |
| 2 Bedrooms | $159.9K | $172.4K | +7.8% |
| 3 Bedrooms | $182K | $202K | +11.0% |
| 4 Bedrooms | $291.5K | $279K | -4.3% |
| 5+ Bedrooms | $306.5K | $231.2K | -24.6% |
Summary: Boaz housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 24.6%.
Median Sold Price Compared To Nearby Cities
| Mountainboro | $202.5K | $239.4K | +18.2% |
| Boaz | $200K | $210K | +5.0% |
| Boaz | $200K | $210K | +5.0% |
| Albertville-Boaz | $216.4K | $225K | +4.0% |
Housing Supply in Boaz, AL
How many homes are available in Boaz, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 101 | +16.1% |
Summary: The Boaz real estate market had 101 homes for sale in October 2024, a 16.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 20 | 26 | +30.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Boaz housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boaz, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Boaz in October 2024, up by 87.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for Boaz, AL
We’re sorry, we don't have information for this market at the moment
