Is Graysville-Adamsville, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graysville-Adamsville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Graysville-Adamsville was a Seller's Market.

Key Takeaway

Graysville-Adamsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Graysville-Adamsville, AL

How much do homes in Graysville-Adamsville, AL cost?

Median Sold Price

$269,893

$160/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$60,893(+29.1%)

Key Takeaway

Homes in Graysville-Adamsville have sold for 29.1% more than they did a month ago.

Summary: The median home sold price in Graysville-Adamsville was $269,893 in September 2024, up 29.1% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $145K$183K
+26.2%
4 $430.3K$273.9K
-36.4%
5+ $232K-
N/A

Summary: Graysville-Adamsville housing prices by bedroom type for September 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 increased by 26.2%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Adamsville
+29.8%
Graysville-Adamsville
+29.1%

Housing Supply in Graysville-Adamsville, AL

How many homes are available in Graysville-Adamsville, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6367+6.3%

Summary: The Graysville-Adamsville real estate market had 67 homes for sale in September 2024, a 6.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 3942
+7.7%
4 1718
+5.9%
5+ 54
-20.0%

Summary: The Graysville-Adamsville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Graysville-Adamsville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Graysville-Adamsville in September 2024, down by 42.9% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.

Days on Market for Graysville-Adamsville, AL

How long does it take to sell a home in Graysville-Adamsville, AL?

Average Sale Time

Aug 2024Sep 2024CHANGE
41 Days84 Days+106.5%

Summary: Homes in Graysville-Adamsville had an average of 84 days on market in Sep 2024, up by 106.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Graysville-Adamsville are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Graysville-Adamsville; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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