$8,253 Closing Credit*
$695,000
3,066 SqFt
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Lakeweissalabama.Com Res
Is Centre, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Centre was a Seller's Market.
Key Takeaway
Centre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Centre, AL
How much do homes in Centre, AL cost?
Median Sold Price
$248,950
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,950(+14.7%)
Key Takeaway
Homes in Centre have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Centre was $248,950 in November 2024, up 14.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | $82.7K | +0.9% |
| 2 Bedrooms | $173K | $370K | +113.9% |
| 3 Bedrooms | $199.9K | $226.4K | +13.3% |
| 4 Bedrooms | $290K | $487.5K | +68.1% |
| 5+ Bedrooms | $507K | $423.4K | -16.5% |
Summary: Centre housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 113.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 68.1%, and 5+ bedroom homes decreased by 16.5%.
Housing Supply in Centre, AL
How many homes are available in Centre, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 83 | +5.1% |
Summary: The Centre real estate market had 83 homes for sale in November 2024, a 5.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 40 | 41 | +2.5% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Centre housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Centre, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Centre in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Centre, AL
How long does it take to sell a home in Centre, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Centre are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Centre; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.