$2,812 Closing Credit*
$236,800
601 SqFt
1 Bed
•1 Full Bath
Katrina Blackwell, Listing Office: Blackwell Nelson Real Estate
Is Five Points South, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Five Points South has remained a Neutral Market.
Key Takeaway
Five Points South 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 Five Points South, AL
How much do homes in Five Points South, AL cost?
Median Sold Price
$205,000
$162/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$180,000(-46.8%)
Key Takeaway
Homes in Five Points South have sold for 46.8% less than they did a month ago.
Summary: The median home sold price in Five Points South was $205,000 in December 2024, down 46.8% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $101.5K | N/A |
| 2 Bedrooms | $285K | $220K | -22.8% |
| 3 Bedrooms | $365K | - | N/A |
| 4 Bedrooms | $467.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Five Points South 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 decreased by 22.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Highland Park | $361K | $395.9K | +9.7% |
| South Titusville | $87.7K | $95K | +8.3% |
| Five Points South | $385K | $205K | -46.8% |
| Redmont Park | $1.0M | $265K | -75.3% |
Housing Supply in Five Points South, AL
How many homes are available in Five Points South, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 | 27 | +8.0% |
Summary: The Five Points South real estate market had 27 homes for sale in December 2024, a 8.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Five Points South housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Five Points South, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Five Points South in December 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Five Points South, AL
How long does it take to sell a home in Five Points South, AL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 38 Days | +38.2% |
Summary: Homes in Five Points South had an average of 38 days on market in Dec 2024, up by 38.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Five Points South has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Five Points South; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
