$7,422 Closing Credit*
$625,000
1,947 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: BHHS Southern Routes Realty
Is Henagar, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Henagar has remained a Buyer's Market.
Key Takeaway
Henagar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Henagar, AL
How much do homes in Henagar, AL cost?
Median Sold Price
$212,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,600(+11.9%)
Key Takeaway
Homes in Henagar have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Henagar was $212,500 in October 2024, up 11.9% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.7K | $100K | -3.6% |
| 2 Bedrooms | $158.2K | $146K | -7.7% |
| 3 Bedrooms | $202.5K | $219K | +8.1% |
| 4 Bedrooms | $225K | $342K | +52.0% |
| 5+ Bedrooms | $455K | - | N/A |
Summary: Henagar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 52%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rainsville-Sylvania | $204.9K | $229.7K | +12.1% |
| Henagar | $189.9K | $212.5K | +11.9% |
Housing Supply in Henagar, AL
How many homes are available in Henagar, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Henagar real estate market had 14 homes for sale in October 2024, a 6.7% decrease 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 | 6 | 6 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Henagar 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Henagar, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Henagar in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Henagar, AL
We’re sorry, we don't have information for this market at the moment
