Is Flat Rock, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flat Rock is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Flat Rock has remained a Seller's Market.

Key Takeaway

Flat Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Flat Rock, AL

How much do homes in Flat Rock, AL cost?

Median Sold Price

$314,000

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$376,000(-54.5%)

Key Takeaway

Homes in Flat Rock have sold for 54.5% less than they did a month ago.

Summary: The median home sold price in Flat Rock was $314,000 in November 2024, down 54.5% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$314K
N/A
4 $690K-
N/A
5+ --
N/A

Summary: Flat Rock housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Flat Rock, AL

How many homes are available in Flat Rock, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
34+33.3%

Summary: The Flat Rock real estate market had 4 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Flat Rock 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flat Rock, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Flat Rock in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Flat Rock, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Flat Rock, AL

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