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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evergreen is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Evergreen was a Seller's Market.

Key Takeaway

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

Housing Prices in Evergreen, AL

How much do homes in Evergreen, AL cost?

Median Sold Price

$108,525

$73/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$62,975(-36.7%)

Key Takeaway

Homes in Evergreen have sold for 36.7% less than they did a month ago.

Summary: The median home sold price in Evergreen was $108,525 in October 2024, down 36.7% from last month, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $168K$108.5K
-35.4%
4 $260K-
N/A
5+ --
N/A

Summary: Evergreen 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 decreased by 35.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Evergreen, AL

How many homes are available in Evergreen, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1621+31.3%

Summary: The Evergreen real estate market had 21 homes for sale in October 2024, a 31.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 910
+11.1%
4 34
+33.3%
5+ 34
+33.3%

Summary: The Evergreen 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 200%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evergreen, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Evergreen in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Evergreen, AL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
189 Days129 Days-31.7%

Summary: Homes in Evergreen had an average of 129 days on market in Oct 2024, down by 31.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Evergreen are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Evergreen; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

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