Is Chilton County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chilton County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Chilton County has remained a Buyer's Market.

Key Takeaway

Chilton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Chilton County, AL

How much do homes in Chilton County, AL cost?

Median Sold Price

$245,000

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$35,000(-12.5%)

Key Takeaway

Homes in Chilton County have sold for 12.5% less than they did a month ago.

Summary: The median home sold price in Chilton County was $245,000 in November 2024, down 12.5% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $289.5K$129K
-55.4%
3 $227.5K$223K
-2.0%
4 $515K$257.5K
-50.0%
5+ $474.4K-
N/A

Summary: Chilton County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Bibb County
+57.4%
Shelby County
+5.5%
Chilton County
-12.5%

Housing Supply in Chilton County, AL

How many homes are available in Chilton County, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
131150+14.5%

Summary: The Chilton County real estate market had 150 homes for sale in November 2024, a 14.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1117
+54.5%
3 7584
+12.0%
4 3338
+15.2%
5+ 1211
-8.3%

Summary: The Chilton County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chilton County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Chilton County in November 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Chilton County, AL

How long does it take to sell a home in Chilton County, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
60 Days77 Days+29.1%

Summary: Homes in Chilton County had an average of 77 days on market in Nov 2024, up by 29.1% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chilton County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Chilton County; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Chilton County, AL

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What housing markets are near Chilton County, AL?