$25,000
0.40 Acres
Land
Listing Office: Crc Realty Inc
Is Killen, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Killen was a Buyer's Market.
Key Takeaway
Killen 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 Killen, AL
How much do homes in Killen, AL cost?
Median Sold Price
$364,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,500(+14.3%)
Key Takeaway
Homes in Killen have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Killen was $364,000 in October 2024, up 14.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | - | N/A |
| 2 Bedrooms | $132.5K | $290.9K | +119.5% |
| 3 Bedrooms | $300K | $275K | -8.3% |
| 4 Bedrooms | $353.7K | $415K | +17.3% |
| 5+ Bedrooms | $435K | $383K | -12.0% |
Summary: Killen 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 increased by 119.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 12%.
Housing Supply in Killen, AL
How many homes are available in Killen, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Killen real estate market had 19 homes for sale in October 2024, a 11.8% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Killen 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 16.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 150%.
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 Killen, 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 Killen 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 Killen, AL
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.