Is Etowah County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Etowah County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Etowah County was a Seller's Market.

Key Takeaway

Etowah County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Etowah County, AL

How much do homes in Etowah County, AL cost?

Median Sold Price

$198,864

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,721(+1.9%)

Key Takeaway

Homes in Etowah County have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Etowah County was $198,864 in November 2024, up 1.9% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$77.6K
N/A
2 $74.4K$99.9K
+34.2%
3 $190K$198.8K
+4.7%
4 $283.5K$283K
-0.2%
5+ $355K$399.5K
+12.5%

Summary: Etowah County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Counties

Marshall County
+6.2%
Etowah County
+1.9%

Housing Supply in Etowah County, AL

How many homes are available in Etowah County, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
467475+1.7%

Summary: The Etowah County real estate market had 475 homes for sale in November 2024, a 1.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 5464
+18.5%
3 260256
-1.5%
4 118118
0.0%
5+ 3234
+6.3%

Summary: The Etowah County 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 increased by 18.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8671-17.4%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Etowah County, you may be able to get a good deal. 62% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Etowah County in November 2024, down by 17.4% month-over-month. Of the 71 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Etowah County, AL

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

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 71 homes were sold in Etowah County; 4% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 1% 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 20 Days Ago

Newest Listings in Etowah County, AL

Nearby Markets to Etowah County, AL

What housing markets are near Etowah County, AL?