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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dadeville is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Dadeville was a Neutral Market.

Key Takeaway

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

Housing Prices in Dadeville, AL

How much do homes in Dadeville, AL cost?

Median Sold Price

$600,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$40,000(-6.3%)

Key Takeaway

Homes in Dadeville have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Dadeville was $600,000 in December 2024, down 6.3% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $315K$172.5K
-45.2%
2 $220K$322.5K
+46.6%
3 $630K$495.9K
-21.3%
4 $650K$1.0M
+53.8%
5+ $800K$1.1M
+43.6%

Summary: Dadeville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.2%, 2 bedroom homes increased by 46.6%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 43.6%.

Housing Supply in Dadeville, AL

How many homes are available in Dadeville, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8587+2.4%

Summary: The Dadeville real estate market had 87 homes for sale in December 2024, a 2.4% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1111
0.0%
3 3638
+5.6%
4 2726
-3.7%
5+ 910
+11.1%

Summary: The Dadeville housing inventory by bedroom type for December 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 5.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dadeville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Dadeville in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Dadeville, AL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
61 Days12 Days-80.6%

Summary: Homes in Dadeville had an average of 12 days on market in Dec 2024, down by 80.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Dadeville; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

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