$3,443 Closing Credit*
$289,900
1,754 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Newton Realty
Is Elkmont, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Elkmont was a Seller's Market.
Key Takeaway
Elkmont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elkmont, AL
How much do homes in Elkmont, AL cost?
Median Sold Price
$260,000
$158/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Elkmont has remained the same since last year.
Summary: The median home sold price in Elkmont was $260,000 in October 2024, the same as last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $398.9K | $164.5K | -58.8% |
| 3 Bedrooms | $246K | $255K | +3.7% |
| 4 Bedrooms | $284.9K | $286.9K | +0.7% |
| 5+ Bedrooms | $562K | $485K | -13.7% |
Summary: Elkmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 58.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 13.7%.
Housing Supply in Elkmont, AL
How many homes are available in Elkmont, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 40 | +25.0% |
Summary: The Elkmont real estate market had 40 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 27 | +35.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elkmont 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 remained the same, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elkmont, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Elkmont in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Elkmont, AL
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.