$8,906 Closing Credit*
$750,000
2,787 SqFt
5 Beds
•2 Full Baths, 2 Partial
Listing Office: Keller Williams Realty
Is Laceys Spring, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Laceys Spring has remained a Seller's Market.
Key Takeaway
Laceys Spring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laceys Spring, AL
How much do homes in Laceys Spring, AL cost?
Median Sold Price
$270,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$77,500(-22.3%)
Key Takeaway
Homes in Laceys Spring have sold for 22.3% less than they did a year ago.
Summary: The median home sold price in Laceys Spring was $270,000 in December 2024, down 22.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119.3K | $187K | +56.6% |
| 3 Bedrooms | $265K | $232.9K | -12.1% |
| 4 Bedrooms | $471.5K | $590K | +25.1% |
| 5+ Bedrooms | $670K | $771.2K | +15.1% |
Summary: Laceys Spring housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.6%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
| Madison | $374.4K | $390.5K | +4.3% |
| Redstone Arsenal | $675K | $654K | -3.1% |
| Laceys Spring | $347.5K | $270K | -22.3% |
Housing Supply in Laceys Spring, AL
How many homes are available in Laceys Spring, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Laceys Spring real estate market had 17 homes for sale in December 2024, a 13.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Laceys Spring housing inventory by bedroom type for December 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laceys Spring, 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 Laceys Spring in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
