Is Limestone County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Limestone County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Limestone County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Limestone County, AL

How much do homes in Limestone County, AL cost?

Median Sold Price

$326,795

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,284(-1.0%)

Key Takeaway

Homes in Limestone County have sold for 1% less than they did a year ago.

Summary: The median home sold price in Limestone County was $326,795 in October 2024, down 1% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $91.7K$92K
0.3%
2 $229K$213.5K
-6.8%
3 $283.8K$280K
-1.4%
4 $385K$379.9K
-1.3%
5+ $536K$545K
+1.7%

Summary: Limestone County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Counties

Giles County
+5.3%
Lincoln County
+4.5%
Morgan County
+1.1%
Madison County
0.3%
Limestone County
-1.0%

Housing Supply in Limestone County, AL

How many homes are available in Limestone County, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
842918+9.0%

Summary: The Limestone County real estate market had 918 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2729
+7.4%
3 352403
+14.5%
4 366380
+3.8%
5+ 95105
+10.5%

Summary: The Limestone County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
131141+7.6%

Asking Price vs. Sold Price

86 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Limestone County, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.

Summary: A total of 141 homes were sold or pending in Limestone County in October 2024, up by 7.6% month-over-month. Of the 140 sold homes, 61% were sold under asking, 27% were sold at asking, and 11% were sold over asking.

Days on Market for Limestone County, AL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days27 Days-59.6%

Summary: Homes in Limestone County had an average of 27 days on market in Oct 2024, down by 59.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 141 homes were sold in Limestone County; 1% of homes were sold within 30 days, 1% 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 22 Days Ago

Newest Listings in Limestone County, AL

Nearby Markets to Limestone County, AL

What housing markets are near Limestone County, AL?