Is Joppa, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Joppa is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Joppa has remained a Seller's Market.

Key Takeaway

Joppa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Joppa, AL

How much do homes in Joppa, AL cost?

Median Sold Price

$165,000

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$104,000(-38.7%)

Key Takeaway

Homes in Joppa have sold for 38.7% less than they did a month ago.

Summary: The median home sold price in Joppa was $165,000 in October 2024, down 38.7% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $269K-
N/A
4 --
N/A
5+ --
N/A

Summary: Joppa housing prices by bedroom type for October 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Joppa, AL

How many homes are available in Joppa, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
34+33.3%

Summary: The Joppa real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Joppa 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Joppa, 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 Joppa in October 2024, the same as the previous 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 Joppa, 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 Joppa, AL

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