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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dora is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dora has remained a Seller's Market.

Key Takeaway

Dora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dora, AL

How much do homes in Dora, AL cost?

Median Sold Price

$208,000

$132/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$38,000(+22.4%)

Key Takeaway

Homes in Dora have sold for 22.4% more than they did a month ago.

Summary: The median home sold price in Dora was $208,000 in November 2024, up 22.4% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$208K
+22.4%
4 --
N/A
5+ --
N/A

Summary: Dora housing prices by bedroom type for November 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 increased by 22.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dora
+22.4%
Dora
0.2%

Housing Supply in Dora, AL

How many homes are available in Dora, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1617+6.3%

Summary: The Dora real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1211
-8.3%
4 24
+100.0%
5+ 22
0.0%

Summary: The Dora 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dora, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Dora in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Dora, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days3 Days-28.6%

Summary: Homes in Dora had an average of 3 days on market in Nov 2024, down by 28.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Dora; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Dora, AL

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