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 December 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

$325,870

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$3,840(-1.2%)

Key Takeaway

Homes in Limestone County have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Limestone County was $325,870 in December 2024, down 1.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $123.2K$92K
-25.4%
2 $225K$215K
-4.4%
3 $280K$280K
0.0%
4 $385.1K$386.4K
0.3%
5+ $535.2K$545K
+1.8%

Summary: Limestone County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Counties

Giles County
+5.0%
Madison County
+0.6%
Morgan County
0.0%
Lincoln County
-0.1%
Limestone County
-1.2%

Housing Supply in Limestone County, AL

How many homes are available in Limestone County, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
880838-4.8%

Summary: The Limestone County real estate market had 838 homes for sale in December 2024, a 4.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 2525
0.0%
3 398365
-8.3%
4 361348
-3.6%
5+ 9598
+3.2%

Summary: The Limestone County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
137132-3.6%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

47 Homes Were Sold
At Asking

20 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. 48.9% of homes here sold below asking price last month.

Summary: A total of 132 homes were sold or pending in Limestone County in December 2024, down by 3.6% month-over-month. Of the 131 sold homes, 49% were sold under asking, 36% were sold at asking, and 15% 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

Dec 2023Dec 2024CHANGE
85 Days54 Days-36.7%

Summary: Homes in Limestone County had an average of 54 days on market in Dec 2024, down by 36.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Limestone County has remained consistent over time.

Summary: During December 2024, 132 homes were sold in Limestone County; 0% 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 4 Days Ago

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