$3,325 Closing Credit*
$280,000
4,302 SqFt
4 Beds
•2 Full Baths, 1 Partial
Neal Bright, Jr., Listing Office: Partners Realty
Is Garden District, 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, Garden District has remained a Buyer's Market.
Key Takeaway
Garden District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Garden District, AL
How much do homes in Garden District, AL cost?
Median Sold Price
$180,000
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-10.0%)
Key Takeaway
Homes in Garden District have sold for 10% less than they did a year ago.
Summary: The median home sold price in Garden District was $180,000 in October 2024, down 10% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160.5K | $80K | -50.2% |
| 3 Bedrooms | $200K | $193K | -3.5% |
| 4 Bedrooms | $195K | $257.5K | +32.1% |
| 5+ Bedrooms | $242K | $400K | +65.3% |
Summary: Garden District 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 50.2%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 65.3%.
Housing Supply in Garden District, AL
How many homes are available in Garden District, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Garden District real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Garden District 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garden District, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Garden District in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Garden District, AL
How long does it take to sell a home in Garden District, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 32 Days | +12.1% |
Summary: Homes in Garden District had an average of 32 days on market in Oct 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Garden District has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Garden District; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 