$1,899 Closing Credit*
$159,900
1,383 SqFt
3 Beds
•2 Full Baths, 2 Partial
Steven Pharo, Listing Office: EXIT Justice Realty - Gardenda
Is Center Point, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Center Point was a Buyer's Market.
Key Takeaway
Center Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Center Point, AL
How much do homes in Center Point, AL cost?
Median Sold Price
$135,200
$77/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$22,800(-14.4%)
Key Takeaway
Homes in Center Point have sold for 14.4% less than they did a month ago.
Summary: The median home sold price in Center Point was $135,200 in October 2024, down 14.4% from last month, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $123K | $114.7K | -6.7% |
| 4 Bedrooms | $175K | $161.9K | -7.5% |
| 5+ Bedrooms | $269K | $250K | -7.1% |
Summary: Center Point housing prices by bedroom type for October 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 6.7%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in Center Point, AL
How many homes are available in Center Point, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 58 | +45.0% |
Summary: The Center Point real estate market had 58 homes for sale in October 2024, a 45.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 22 | 30 | +36.4% |
| 4 Bedrooms | 14 | 21 | +50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Center Point 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 200%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Center Point, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Center Point in October 2024, up by 200.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Center Point, AL
How long does it take to sell a home in Center Point, AL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 43 Days | +391.4% |
Summary: Homes in Center Point had an average of 43 days on market in Oct 2024, up by 391.4% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Center Point are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Center Point; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
