Is Chunchula, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chunchula is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Chunchula, AL

How much do homes in Chunchula, AL cost?

Median Sold Price

$252,500

$148/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$2,500(-1.0%)

Key Takeaway

Homes in Chunchula have sold for 1% less than they did a month ago.

Summary: The median home sold price in Chunchula was $252,500 in December 2024, down 1% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $255K$252.5K
-1.0%
4 --
N/A
5+ --
N/A

Summary: Chunchula housing prices by bedroom type for December 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 1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saraland
+61.3%
Chunchula
-1.0%

Housing Supply in Chunchula, AL

How many homes are available in Chunchula, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1113+18.2%

Summary: The Chunchula real estate market had 13 homes for sale in December 2024, a 18.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 11
0.0%
3 88
0.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Chunchula housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chunchula, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Chunchula in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Chunchula, 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 14 Days Ago

Newest Listings in Chunchula, AL

Nearby Markets to Chunchula, AL

What housing markets are near Chunchula, AL?