$2,945 Closing Credit*
$248,000
2,680 SqFt
5 Beds
•2 Full Baths, 2 Partial
Listing Office: Brickdriven Realty
Is Lauderdale County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lauderdale County was a Neutral Market.
Key Takeaway
Lauderdale County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lauderdale County, AL
How much do homes in Lauderdale County, AL cost?
Median Sold Price
$259,000
$169/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$156,000(-37.6%)
Key Takeaway
Homes in Lauderdale County have sold for 37.6% less than they did a month ago.
Summary: The median home sold price in Lauderdale County was $259,000 in October 2024, down 37.6% from last month, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $20K | $133.4K | +567.3% |
| 3 Bedrooms | $319.9K | $249.9K | -21.9% |
| 4 Bedrooms | $512.5K | $485K | -5.4% |
| 5+ Bedrooms | $1.8M | $845K | -55.2% |
Summary: Lauderdale County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 567.3%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 55.2%.
Median Sold Price Compared To Nearby Counties
| Wayne County | $181K | $330.5K | +82.6% |
| Lauderdale County | $415K | $259K | -37.6% |
Housing Supply in Lauderdale County, AL
How many homes are available in Lauderdale County, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 117 | +8.3% |
Summary: The Lauderdale County real estate market had 117 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 59 | 65 | +10.2% |
| 4 Bedrooms | 30 | 26 | -13.3% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Lauderdale County 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 increased by 33.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lauderdale County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Lauderdale County in October 2024, up by 35.3% month-over-month. Of the 23 sold homes, 57% were sold under asking, 35% were sold at asking, and 9% were sold over asking.
Days on Market for Lauderdale County, AL
How long does it take to sell a home in Lauderdale County, AL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 22 Days | +250.8% |
Summary: Homes in Lauderdale County had an average of 22 days on market in Oct 2024, up by 250.8% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lauderdale County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Lauderdale County; 17% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.