$1,484 Closing Credit*
$125,000
1,400 SqFt
3 Beds
•2 Full Baths
Justin Humphries, Listing Office: Keller Williams-Jasper
Is Cullman, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cullman was a Neutral Market.
Key Takeaway
Cullman is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cullman, AL
How much do homes in Cullman, AL cost?
Median Sold Price
$284,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,500(+0.5%)
Key Takeaway
Homes in Cullman have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Cullman was $284,000 in November 2024, up 0.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $172K | +11.0% |
| 3 Bedrooms | $241.4K | $266.2K | +10.3% |
| 4 Bedrooms | $315.5K | $299.3K | -5.1% |
| 5+ Bedrooms | $463K | $389.9K | -15.8% |
Summary: Cullman housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Vinemont | $203.4K | $215.9K | +6.1% |
| Cullman | $282.5K | $284K | 0.5% |
Housing Supply in Cullman, AL
How many homes are available in Cullman, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 109 | 120 | +10.1% |
Summary: The Cullman real estate market had 120 homes for sale in November 2024, a 10.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 58 | 65 | +12.1% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Cullman 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 14.3%, 3 bedroom homes increased by 12.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cullman, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Cullman in November 2024, down by 31.6% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for Cullman, AL
How long does it take to sell a home in Cullman, AL?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cullman has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Cullman; 15% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
