$4,982 Closing Credit*
$419,500
1,656 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Sell Your Home Services Inc
Is Falkville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Falkville was a Seller's Market.
Key Takeaway
Falkville 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 Falkville, AL
How much do homes in Falkville, AL cost?
Median Sold Price
$495,000
$164/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$235,000(+90.4%)
Key Takeaway
Homes in Falkville have sold for 90.4% more than they did a month ago.
Summary: The median home sold price in Falkville was $495,000 in December 2024, up 90.4% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $495K | N/A |
| 3 Bedrooms | $270K | $345K | +27.8% |
| 4 Bedrooms | $260K | - | N/A |
| 5+ Bedrooms | - | $765K | N/A |
Summary: Falkville housing prices by bedroom type for December 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 27.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Falkville, AL
How many homes are available in Falkville, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Summary: The Falkville real estate market had 21 homes for sale in December 2024, a 23.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Falkville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Falkville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Falkville in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Falkville, AL
We’re sorry, we don't have information for this market at the moment
