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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lineville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lineville has remained a Seller's Market.

Key Takeaway

Lineville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lineville, AL

How much do homes in Lineville, AL cost?

Median Sold Price

$242,500

$105/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$137,500(-36.2%)

Key Takeaway

Homes in Lineville have sold for 36.2% less than they did a month ago.

Summary: The median home sold price in Lineville was $242,500 in November 2024, down 36.2% from last month, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $424.5K$242.5K
-42.9%
4 $318K-
N/A
5+ --
N/A

Summary: Lineville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 42.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lineville, AL

How many homes are available in Lineville, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Lineville real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 99
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Lineville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were 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 Lineville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lineville in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lineville, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
62 Days86 Days+38.3%

Summary: Homes in Lineville had an average of 86 days on market in Nov 2024, up by 38.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Lineville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Lineville, AL

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