$879 Closing Credit*
$74,000
720 SqFt
1 Bed
•1 Full Bath
Ben Hedden, Listing Office: Bham Realty, LLC
Is Glen Iris, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Glen Iris was a Buyer's Market.
Key Takeaway
Glen Iris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glen Iris, AL
How much do homes in Glen Iris, AL cost?
Median Sold Price
$258,000
$174/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$37,000(-12.5%)
Key Takeaway
Homes in Glen Iris have sold for 12.5% less than they did a month ago.
Summary: The median home sold price in Glen Iris was $258,000 in November 2024, down 12.5% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $154K | N/A |
| 3 Bedrooms | $295K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $950K | N/A |
Summary: Glen Iris 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.
Median Sold Price Compared To Nearby Neighborhoods
| South Titusville | $64K | $87.7K | +37.1% |
| Glen Iris | $295K | $258K | -12.5% |
| Woodland Park | $149.9K | $128.9K | -14.0% |
Housing Supply in Glen Iris, AL
How many homes are available in Glen Iris, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Glen Iris real estate market had 13 homes for sale in November 2024, a 30.0% increase 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 | 5 | 7 | +40.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glen Iris 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 increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 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 Glen Iris, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Glen Iris in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Glen Iris, AL
How long does it take to sell a home in Glen Iris, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 Days | 113 Days | +5550.0% |
Summary: Homes in Glen Iris had an average of 113 days on market in Nov 2024, up by 5550% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Glen Iris are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Glen Iris; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
