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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kimberly is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Kimberly, AL

How much do homes in Kimberly, AL cost?

Median Sold Price

$352,050

$130/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$57,050(+19.3%)

Key Takeaway

Homes in Kimberly have sold for 19.3% more than they did a month ago.

Summary: The median home sold price in Kimberly was $352,050 in November 2024, up 19.3% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $279.9K$279.9K
0.0%
4 $462.5K$352K
-23.9%
5+ -$385K
N/A

Summary: Kimberly 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 decreased by 23.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kimberly-Morris
+46.6%
Kimberly
+19.3%
Warrior
+8.4%
Morris
+2.4%

Housing Supply in Kimberly, AL

How many homes are available in Kimberly, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2223+4.5%

Summary: The Kimberly real estate market had 23 homes for sale in November 2024, a 4.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 89
+12.5%
5+ 55
0.0%

Summary: The Kimberly 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 remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kimberly, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Kimberly in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Kimberly, AL

How long does it take to sell a home in Kimberly, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
48 Days10 Days-78.3%

Summary: Homes in Kimberly had an average of 10 days on market in Nov 2024, down by 78.3% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kimberly are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Kimberly; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Kimberly, AL

Nearby Markets to Kimberly, AL

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