Is Carlen, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Carlen was a Seller's Market.
Housing Prices in Carlen, AL
How much do homes in Carlen, AL cost?
Median Sold Price
$292,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carlen was $292,500 in May 2024, up 33.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201K | $254.7K | +26.7% |
3 Bedrooms | $220K | $297.5K | +35.2% |
4 Bedrooms | $271.5K | $283.7K | +4.5% |
5+ Bedrooms | $385K | $378K | -1.8% |
Summary: Carlen housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 35.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
Carlen | $218.5K | $292.5K | +33.9% |
Brookwood | $228.3K | $196K | -14.2% |
Park Place | $270.5K | $182.4K | -32.6% |
Housing Supply in Carlen, AL
How many homes are available in Carlen, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 36 | +44.0% |
Summary: The Carlen real estate market had 36 homes for sale in May 2024, a 44.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 14 | 23 | +64.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Carlen housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 64.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Carlen in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Carlen, AL
We’re sorry, we don't have information for this market at the moment