$3,551 Closing Credit*
$299,000
1,717 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brett Helton, Listing Office: PHD Real Estate, LLC
Is Flomaton, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Flomaton has remained a Seller's Market.
Key Takeaway
Flomaton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flomaton, AL
How much do homes in Flomaton, AL cost?
Median Sold Price
$165,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,900(-1.1%)
Key Takeaway
Homes in Flomaton have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Flomaton was $165,000 in October 2024, down 1.1% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119K | $105K | -11.8% |
| 3 Bedrooms | $170K | $163.9K | -3.6% |
| 4 Bedrooms | $235K | $189K | -19.6% |
| 5+ Bedrooms | - | $207.5K | N/A |
Summary: Flomaton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.
Housing Supply in Flomaton, AL
How many homes are available in Flomaton, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Flomaton real estate market had 12 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Flomaton 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 decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Flomaton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Flomaton in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Flomaton, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.