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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calera is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Calera was a Seller's Market.

Key Takeaway

Calera 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 Calera, AL

How much do homes in Calera, AL cost?

Median Sold Price

$228,000

$141/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$8,500(-3.6%)

Key Takeaway

Homes in Calera have sold for 3.6% less than they did a month ago.

Summary: The median home sold price in Calera was $228,000 in November 2024, down 3.6% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$175K
N/A
3 $227.4K$215K
-5.5%
4 $288.4K$309.9K
+7.4%
5+ -$359.9K
N/A

Summary: Calera housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Alabaster-Helena
+1.2%
Calera
-3.6%
Alabaster
-4.8%

Housing Supply in Calera, AL

How many homes are available in Calera, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
101109+7.9%

Summary: The Calera real estate market had 109 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 6871
+4.4%
4 2525
0.0%
5+ 610
+66.7%

Summary: The Calera 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 increased by 4.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
18180.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calera, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Calera in November 2024, the same as the previous month. Of the 18 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for Calera, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
42 Days37 Days-11.7%

Summary: Homes in Calera had an average of 37 days on market in Nov 2024, down by 11.7% compared to last month.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Calera are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in Calera; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Calera, AL

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