Is Dauphin Island, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dauphin Island is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Dauphin Island has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Dauphin Island, AL

How much do homes in Dauphin Island, AL cost?

Median Sold Price

$411,000

$381/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$248,000(-37.6%)

Key Takeaway

Homes in Dauphin Island have sold for 37.6% less than they did a month ago.

Summary: The median home sold price in Dauphin Island was $411,000 in October 2024, down 37.6% from last month, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$411K
N/A
3 --
N/A
4 $659K-
N/A
5+ --
N/A

Summary: Dauphin Island 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dauphin Island, AL

How many homes are available in Dauphin Island, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
101118+16.8%

Summary: The Dauphin Island real estate market had 118 homes for sale in October 2024, a 16.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1516
+6.7%
3 4753
+12.8%
4 2939
+34.5%
5+ 77
0.0%

Summary: The Dauphin Island 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 increased by 6.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dauphin Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dauphin Island in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dauphin Island, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Dauphin Island, AL

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