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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clanton is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Clanton, AL

How much do homes in Clanton, AL cost?

Median Sold Price

$243,000

$158/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$37,000(-13.2%)

Key Takeaway

Homes in Clanton have sold for 13.2% less than they did a month ago.

Summary: The median home sold price in Clanton was $243,000 in November 2024, down 13.2% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $289.5K$129K
-55.4%
3 $235K$212K
-9.8%
4 $515K$266K
-48.3%
5+ $399.9K-
N/A

Summary: Clanton 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 9.8%, 4 bedroom homes decreased by 48.3%, and 5+ bedroom homes did not change.

Housing Supply in Clanton, AL

How many homes are available in Clanton, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8794+8.0%

Summary: The Clanton real estate market had 94 homes for sale in November 2024, a 8.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1115
+36.4%
3 4749
+4.3%
4 2324
+4.3%
5+ 66
0.0%

Summary: The Clanton 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 36.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clanton, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Clanton in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Clanton, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days39 Days-35.0%

Summary: Homes in Clanton had an average of 39 days on market in Nov 2024, down by 35% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Clanton; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Clanton, AL

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