$594 Closing Credit*
$50,000
1,190 SqFt
2 Beds
•2 Full Baths
Misty De La Cruz, Listing Office: FirstSouth Properties
Is Flomaton, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Flomaton was a Seller's Market.
Key Takeaway
Flomaton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Flomaton, AL
How much do homes in Flomaton, AL cost?
Median Sold Price
$165,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, down 1.1% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $105K | N/A |
| 3 Bedrooms | $166.9K | $163.9K | -1.8% |
| 4 Bedrooms | $235K | $189K | -19.6% |
| 5+ Bedrooms | - | $207.5K | N/A |
Summary: Flomaton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Century | $155K | $171.2K | +10.5% |
| Flomaton | $166.9K | $165K | -1.1% |
Housing Supply in Flomaton, AL
How many homes are available in Flomaton, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Flomaton real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Flomaton 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 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 Flomaton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Flomaton in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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.