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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Killen is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Killen was a Seller's Market.

Key Takeaway

Killen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Killen, AL

How much do homes in Killen, AL cost?

Median Sold Price

$545,000

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$92,500(-14.5%)

Key Takeaway

Homes in Killen have sold for 14.5% less than they did a month ago.

Summary: The median home sold price in Killen was $545,000 in November 2024, down 14.5% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $190K-
N/A
4 $430K$545K
+26.7%
5+ $845K-
N/A

Summary: Killen 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 26.7%, and 5+ bedroom homes did not change.

Housing Supply in Killen, AL

How many homes are available in Killen, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2120-4.8%

Summary: The Killen real estate market had 20 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 87
-12.5%
5+ 65
-16.7%

Summary: The Killen 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 increased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Killen, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Killen in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Killen, 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 Killen, AL

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