$35,000
0.60 Acres
Land
Jennifer Oakes, Listing Office: Southern Homes And Land Realty
Is Chambers County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Chambers County was a Neutral Market.
Key Takeaway
Chambers County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chambers County, AL
How much do homes in Chambers County, AL cost?
Median Sold Price
$159,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,500(+10.8%)
Key Takeaway
Homes in Chambers County have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Chambers County was $159,000 in October 2024, up 10.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | $95K | +251.9% |
| 2 Bedrooms | $87.4K | $105K | +20.1% |
| 3 Bedrooms | $151K | $159.9K | +5.9% |
| 4 Bedrooms | $245.8K | $276.9K | +12.7% |
| 5+ Bedrooms | $369.9K | - | N/A |
Summary: Chambers County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 251.9%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Harris County | $334.9K | $374.8K | +11.9% |
| Chambers County | $143.5K | $159K | +10.8% |
| Troup County | $250K | $259.9K | +4.0% |
Housing Supply in Chambers County, AL
How many homes are available in Chambers County, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 39 | -9.3% |
Summary: The Chambers County real estate market had 39 homes for sale in October 2024, a 9.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chambers County 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 decreased by 22.2%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 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 Chambers County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Chambers County in October 2024, down by 12.5% 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 Chambers County, AL
How long does it take to sell a home in Chambers County, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 83 Days | +54.3% |
Summary: Homes in Chambers County had an average of 83 days on market in Oct 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chambers County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Chambers County; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
