$4,869 Closing Credit*
$410,000
2,299 SqFt
4 Beds
•3 Full Baths, 1 Partial
Conni Barnett, Listing Office: ARC Realty
Is Hope Hull, 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, Hope Hull has remained a Buyer's Market.
Key Takeaway
Hope Hull is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hope Hull, AL
How much do homes in Hope Hull, AL cost?
Median Sold Price
$219,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,000(+82.5%)
Key Takeaway
Homes in Hope Hull have sold for 82.5% more than they did a year ago.
Summary: The median home sold price in Hope Hull was $219,000 in October 2024, up 82.5% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | - | N/A |
| 2 Bedrooms | $279.2K | - | N/A |
| 3 Bedrooms | $106.2K | $120.5K | +13.4% |
| 4 Bedrooms | $120K | $352.4K | +193.7% |
| 5+ Bedrooms | $300K | $490K | +63.3% |
Summary: Hope Hull 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 did not change, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 193.7%, and 5+ bedroom homes increased by 63.3%.
Median Sold Price Compared To Nearby Cities
| Hope Hull | $120K | $219K | +82.5% |
| Montgomery | $174.8K | $179.9K | +3.0% |
Housing Supply in Hope Hull, AL
How many homes are available in Hope Hull, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Hope Hull real estate market had 24 homes for sale in October 2024, a 20.0% 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 | 15 | 20 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hope Hull 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 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hope Hull, 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 Hope Hull in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hope Hull, AL
How long does it take to sell a home in Hope Hull, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 274 Days | +417.6% |
Summary: Homes in Hope Hull had an average of 274 days on market in Oct 2024, up by 417.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hope Hull are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Hope Hull; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 