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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brewton is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Brewton was a Seller's Market.

Key Takeaway

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

Housing Prices in Brewton, AL

How much do homes in Brewton, AL cost?

Median Sold Price

$172,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+7.8%)

Key Takeaway

Homes in Brewton have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Brewton was $172,000 in October 2024, up 7.8% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $104K$189K
+81.7%
3 $164.5K$141.7K
-13.8%
4 $189K$252.5K
+33.6%
5+ $205.2K$324.5K
+58.1%

Summary: Brewton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes increased by 58.1%.

Housing Supply in Brewton, AL

How many homes are available in Brewton, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3341+24.2%

Summary: The Brewton real estate market had 41 homes for sale in October 2024, a 24.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 1823
+27.8%
4 89
+12.5%
5+ 34
+33.3%

Summary: The Brewton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brewton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Brewton in October 2024, down by 42.9% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Brewton, 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 17 Days Ago

Newest Listings in Brewton, AL

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