$799,000
76.00 Acres
Land
Listing Office: Stafford Realty, Inc.
Is Gurley, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Gurley was a Seller's Market.
Key Takeaway
Gurley 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 Gurley, AL
How much do homes in Gurley, AL cost?
Median Sold Price
$581,026
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$58,473(-9.1%)
Key Takeaway
Homes in Gurley have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Gurley was $581,026 in October 2024, down 9.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.5K | - | N/A |
| 2 Bedrooms | $117.7K | $130K | +10.4% |
| 3 Bedrooms | $315K | $395.2K | +25.5% |
| 4 Bedrooms | $706K | $649K | -8.1% |
| 5+ Bedrooms | $750K | $742.4K | -1.0% |
Summary: Gurley 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 increased by 10.4%, 3 bedroom homes increased by 25.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
| New Market | $301.4K | $309.1K | +2.6% |
| Gurley | $639.5K | $581K | -9.1% |
Housing Supply in Gurley, AL
How many homes are available in Gurley, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 77 | +5.5% |
Summary: The Gurley real estate market had 77 homes for sale in October 2024, a 5.5% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 37 | 37 | 0.0% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Gurley 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 increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gurley, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Gurley in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Gurley, AL
We’re sorry, we don't have information for this market at the moment
