Is Hazel Green, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hazel Green is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hazel Green was a Seller's Market.

Key Takeaway

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

Housing Prices in Hazel Green, AL

How much do homes in Hazel Green, AL cost?

Median Sold Price

$300,147

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,562(+5.1%)

Key Takeaway

Homes in Hazel Green have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Hazel Green was $300,147 in November 2024, up 5.1% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$105.5K
N/A
2 $85K$170K
+100.0%
3 $259.9K$269.9K
+3.9%
4 $321.3K$334.9K
+4.2%
5+ $389.9K$420K
+7.7%

Summary: Hazel Green 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 100%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Hazel Green
+5.1%
New Market
+3.6%
Madison Crossroads
-4.0%
Toney
-4.1%
Meridianville
-4.6%

Housing Supply in Hazel Green, AL

How many homes are available in Hazel Green, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
136147+8.1%

Summary: The Hazel Green real estate market had 147 homes for sale in November 2024, a 8.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 5968
+15.3%
4 6368
+7.9%
5+ 109
-10.0%

Summary: The Hazel Green 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 15.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2617-34.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hazel Green, expect to pay close to the asking price. 52.9% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Hazel Green in November 2024, down by 34.6% month-over-month. Of the 17 sold homes, 41% were sold under asking, 53% were sold at asking, and 6% were sold over asking.

Days on Market for Hazel Green, AL

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in Hazel Green, AL

Nearby Markets to Hazel Green, AL