Is Cedar Bluff-Gaylesville, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Bluff-Gaylesville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Cedar Bluff-Gaylesville was a Seller's Market.

Key Takeaway

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

Housing Prices in Cedar Bluff-Gaylesville, AL

How much do homes in Cedar Bluff-Gaylesville, AL cost?

Median Sold Price

$260,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$29,250(-10.1%)

Key Takeaway

Homes in Cedar Bluff-Gaylesville have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in Cedar Bluff-Gaylesville was $260,000 in November 2024, down 10.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $272K$190K
-30.1%
2 $280K$195K
-30.4%
3 $326.2K$260K
-20.3%
4 $444.5K$450K
+1.2%
5+ $231K-
N/A

Summary: Cedar Bluff-Gaylesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.1%, 2 bedroom homes decreased by 30.4%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Valley Head-Mentone
+13.8%
Spring Garden
+8.3%
Cedar Bluff
-5.7%
Cedar Bluff-Gaylesville
-10.1%
Gaylesville
-33.0%

Housing Supply in Cedar Bluff-Gaylesville, AL

How many homes are available in Cedar Bluff-Gaylesville, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4952+6.1%

Summary: The Cedar Bluff-Gaylesville real estate market had 52 homes for sale in November 2024, a 6.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 108
-20.0%
3 2224
+9.1%
4 1012
+20.0%
5+ 55
0.0%

Summary: The Cedar Bluff-Gaylesville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were 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 Cedar Bluff-Gaylesville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Cedar Bluff-Gaylesville in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Cedar Bluff-Gaylesville, 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 20 Days Ago

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Newest Listings in Cedar Bluff-Gaylesville, AL

Nearby Markets to Cedar Bluff-Gaylesville, AL

MLS Disclaimers and Copyright

Based on information from ValleyMLS, Georgia MLS, Greater Alabama MLS, and First Multiple Listing Service Inc. for the period 12/01/2022 - 12/01/2024

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2024 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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