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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leinkauf is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Leinkauf was a Seller's Market.

Key Takeaway

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

Housing Prices in Leinkauf, AL

How much do homes in Leinkauf, AL cost?

Median Sold Price

$270,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$102,000(+60.7%)

Key Takeaway

Homes in Leinkauf have sold for 60.7% more than they did a year ago.

Summary: The median home sold price in Leinkauf was $270,000 in November 2024, up 60.7% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $104.8K-
N/A
2 $178K$170K
-4.5%
3 $168K$190K
+13.1%
4 --
N/A
5+ -$442.5K
N/A

Summary: Leinkauf housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 13.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Leinkauf
+60.7%
Hannon Park
+2.0%

Housing Supply in Leinkauf, AL

How many homes are available in Leinkauf, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1923+21.1%

Summary: The Leinkauf real estate market had 23 homes for sale in November 2024, a 21.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 33
0.0%
3 910
+11.1%
4 68
+33.3%
5+ 10
-100.0%

Summary: The Leinkauf housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leinkauf, 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 Leinkauf in November 2024, the same as the previous 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 Leinkauf, 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 22 Days Ago

Newest Listings in Leinkauf, AL

Nearby Markets to Leinkauf, AL