$2,849 Closing Credit*
$239,900
3 Beds
•2 Full Baths
Cynthia Byrd, Listing Office: Ty Irby Realty & Development
Is Cottage Park, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cottage Park was a Neutral Market.
Key Takeaway
Cottage Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cottage Park, AL
How much do homes in Cottage Park, AL cost?
Median Sold Price
$229,000
$162/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$114,000(-33.2%)
Key Takeaway
Homes in Cottage Park have sold for 33.2% less than they did a month ago.
Summary: The median home sold price in Cottage Park was $229,000 in October 2024, down 33.2% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $300K | $229K | -23.7% |
| 4 Bedrooms | $344K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cottage 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 decreased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cottage Park, AL
How many homes are available in Cottage Park, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 27 | +42.1% |
Summary: The Cottage Park real estate market had 27 homes for sale in October 2024, a 42.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 3 | 10 | +233.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cottage Park 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 233.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 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 Cottage Park, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Cottage Park in October 2024, down by 33.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Cottage 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.