$7,066 Closing Credit*
$595,000
3,751 SqFt
3 Beds
•2 Full Baths, 2 Partial
Listing Office: Re/Max Unlimited
Is Laceys Spring, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Laceys Spring has remained a Buyer's Market.
Key Takeaway
Laceys Spring is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Laceys Spring, AL
How much do homes in Laceys Spring, AL cost?
Median Sold Price
$267,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,000(-13.0%)
Key Takeaway
Homes in Laceys Spring have sold for 13% less than they did a year ago.
Summary: The median home sold price in Laceys Spring was $267,500 in October 2024, down 13% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $137.5K | $131.3K | -4.4% |
| 3 Bedrooms | $255K | $244.9K | -3.9% |
| 4 Bedrooms | $530K | $468K | -11.7% |
| 5+ Bedrooms | $878K | $760K | -13.4% |
Summary: Laceys Spring 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 decreased by 4.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Madison | $373.1K | $385.4K | +3.3% |
| Laceys Spring | $307.5K | $267.5K | -13.0% |
Housing Supply in Laceys Spring, AL
How many homes are available in Laceys Spring, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Laceys Spring real estate market had 17 homes for sale in October 2024, a 26.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laceys Spring 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 decreased by 27.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 1 | -88.9% |
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 Laceys Spring, 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 Laceys Spring in October 2024, down by 88.9% 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 Laceys Spring, AL
We’re sorry, we don't have information for this market at the moment
