$2,255 Closing Credit*
$189,900
1,417 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Main Street Realty Plus, LLC
Is Glencoe, 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, Glencoe was a Buyer's Market.
Key Takeaway
Glencoe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Glencoe, AL
How much do homes in Glencoe, AL cost?
Median Sold Price
$125,000
$70/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$168,950(-57.5%)
Key Takeaway
Homes in Glencoe have sold for 57.5% less than they did a month ago.
Summary: The median home sold price in Glencoe was $125,000 in October 2024, down 57.5% from last month, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $259.9K | $82.5K | -68.3% |
| 4 Bedrooms | - | $239.9K | N/A |
| 5+ Bedrooms | $328K | - | N/A |
Summary: Glencoe housing prices by bedroom type for October 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 decreased by 68.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Glencoe, AL
How many homes are available in Glencoe, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Glencoe real estate market had 20 homes for sale in October 2024, a 17.6% 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 | 0 | 3 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Glencoe 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
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 Glencoe, 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 Glencoe in October 2024, up by 50.0% 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 Glencoe, AL
We’re sorry, we don't have information for this market at the moment
