$40,000
5.53 Acres
Land
Listing Office: A.H. Sothebys Int. Realty
Is Gurley, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Gurley has remained a Neutral 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
$552,740
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$84,510(-13.3%)
Key Takeaway
Homes in Gurley have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in Gurley was $552,740 in November 2024, down 13.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.5K | - | N/A |
| 2 Bedrooms | $117.7K | $130K | +10.4% |
| 3 Bedrooms | $315K | $369.7K | +17.4% |
| 4 Bedrooms | $695K | $636.2K | -8.4% |
| 5+ Bedrooms | $750K | $749.9K | 0% |
Summary: Gurley housing prices by bedroom type for November 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 17.4%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Market | $300K | $310.8K | +3.6% |
| Gurley | $637.2K | $552.7K | -13.3% |
Housing Supply in Gurley, AL
How many homes are available in Gurley, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 72 | -5.3% |
Summary: The Gurley real estate market had 72 homes for sale in November 2024, a 5.3% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 35 | 31 | -11.4% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Gurley 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 decreased by 50%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gurley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Gurley in November 2024, the same as the previous month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Gurley, AL
We’re sorry, we don't have information for this market at the moment
