$130,000
5.70 Acres
Land
Listing Office: Susie Weems Real Estate, LLC
Is Hokes Bluff, 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, Hokes Bluff has remained a Buyer's Market.
Key Takeaway
Hokes Bluff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hokes Bluff, AL
How much do homes in Hokes Bluff, AL cost?
Median Sold Price
$253,400
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,900(+19.2%)
Key Takeaway
Homes in Hokes Bluff have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Hokes Bluff was $253,400 in November 2024, up 19.2% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $97.4K | $139.2K | +42.8% |
| 3 Bedrooms | $202.4K | $253.5K | +25.2% |
| 4 Bedrooms | $231.4K | $253.4K | +9.5% |
| 5+ Bedrooms | $268.2K | $380K | +41.6% |
Summary: Hokes Bluff 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 42.8%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 41.6%.
Housing Supply in Hokes Bluff, AL
How many homes are available in Hokes Bluff, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Summary: The Hokes Bluff real estate market had 22 homes for sale in November 2024, a 37.5% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hokes Bluff 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 increased by 200%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 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 Hokes Bluff, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hokes Bluff in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Hokes Bluff, AL
We’re sorry, we don't have information for this market at the moment
