$1,068 Closing Credit*
$89,900
1,389 SqFt
4 Beds
•2 Full Baths
Jill Lambert, Listing Office: EXIT Lake & Country Real Estate
Is Cullman County, 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 County was a Neutral Market.
Key Takeaway
Cullman County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cullman County, AL
How much do homes in Cullman County, AL cost?
Median Sold Price
$267,499
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,599(+1.0%)
Key Takeaway
Homes in Cullman County have sold for 1% more than they did a year ago.
Summary: The median home sold price in Cullman County was $267,499 in November 2024, up 1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $155.9K | -2.5% |
| 2 Bedrooms | $159.7K | $159K | -0.5% |
| 3 Bedrooms | $243.2K | $245K | +0.7% |
| 4 Bedrooms | $299.9K | $294.9K | -1.7% |
| 5+ Bedrooms | $463.9K | $399.3K | -13.9% |
Summary: Cullman County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Counties
| Cullman County | $264.9K | $267.4K | +1.0% |
| Morgan County | $249.8K | $250K | 0.1% |
Housing Supply in Cullman County, AL
How many homes are available in Cullman County, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 188 | 204 | +8.5% |
Summary: The Cullman County real estate market had 204 homes for sale in November 2024, a 8.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 105 | 115 | +9.5% |
| 4 Bedrooms | 46 | 46 | 0.0% |
| 5+ Bedrooms | 19 | 26 | +36.8% |
Summary: The Cullman County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 36.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cullman County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Cullman County in November 2024, down by 25.0% month-over-month. Of the 24 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Cullman County, AL
How long does it take to sell a home in Cullman County, AL?
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cullman County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Cullman County; 29% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.