$10,000 Closing Credit*
$1,885,000
6,303 SqFt
5 Beds
•5 Full Baths
Donna Gaskins, Listing Office: ARC Realty - Hoover
Is Indian Springs Village, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Indian Springs Village was a Seller's Market.
Key Takeaway
Indian Springs Village 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 Indian Springs Village, AL
How much do homes in Indian Springs Village, AL cost?
Median Sold Price
$760,000
$178/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$310,000(+68.9%)
Key Takeaway
Homes in Indian Springs Village have sold for 68.9% more than they did a month ago.
Summary: The median home sold price in Indian Springs Village was $760,000 in November 2024, up 68.9% from last month, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $450K | - | N/A |
| 4 Bedrooms | $380K | $760K | +100.0% |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Indian Springs Village housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 100%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Indian Springs Village | $450K | $760K | +68.9% |
| Hoover | $419.5K | $485.5K | +15.7% |
| Alabaster-Helena | $344.9K | $349K | +1.2% |
| Pelham | $311.8K | $294.9K | -5.4% |
Housing Supply in Indian Springs Village, AL
How many homes are available in Indian Springs Village, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Indian Springs Village real estate market had 7 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Indian Springs Village 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Springs Village, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Indian Springs Village in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Indian Springs Village, AL
How long does it take to sell a home in Indian Springs Village, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 103 Days | +1304.5% |
Summary: Homes in Indian Springs Village had an average of 103 days on market in Nov 2024, up by 1304.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Indian Springs Village are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Indian Springs Village; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
