$6,994 Closing Credit*
$589,000
4 Beds
•3 Full Baths
Richard Harski, Listing Office: Roberts Brothers TREC
Is College Park, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, College Park has remained a Buyer's Market.
Key Takeaway
College Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in College Park, AL
How much do homes in College Park, AL cost?
Median Sold Price
$369,000
$172/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$135,500(+58.0%)
Key Takeaway
Homes in College Park have sold for 58% more than they did a month ago.
Summary: The median home sold price in College Park was $369,000 in October 2024, up 58% from last month, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | - | N/A |
| 2 Bedrooms | - | $150K | N/A |
| 3 Bedrooms | $357.7K | $369K | +3.1% |
| 4 Bedrooms | $233.5K | $415K | +77.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: College Park housing prices by bedroom type for October 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 increased by 3.1%, 4 bedroom homes increased by 77.7%, and 5+ bedroom homes did not change.
Housing Supply in College Park, AL
How many homes are available in College Park, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 39 | 0.0% |
Summary: The College Park real estate market had 39 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The College Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in College Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in College Park in October 2024, up by 33.3% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for College Park, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS 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. Data is deemed reliable but is not guaranteed accurate by the MLS.