Is Mc Calla, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Calla is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mc Calla was a Buyer's Market.

Key Takeaway

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

Housing Prices in Mc Calla, AL

How much do homes in Mc Calla, AL cost?

Median Sold Price

$285,000

$139/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$22,500(-7.3%)

Key Takeaway

Homes in Mc Calla have sold for 7.3% less than they did a month ago.

Summary: The median home sold price in Mc Calla was $285,000 in November 2024, down 7.3% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$200K
N/A
3 $299K$272.5K
-8.9%
4 $310K$304K
-1.9%
5+ $507.4K$400.2K
-21.1%

Summary: Mc Calla 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 8.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Cities

Lake View
-5.6%
Mc Calla
-7.3%
Abernant
-20.6%
Woodstock
-35.0%

Housing Supply in Mc Calla, AL

How many homes are available in Mc Calla, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89101+13.5%

Summary: The Mc Calla real estate market had 101 homes for sale in November 2024, a 13.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 4148
+17.1%
4 3336
+9.1%
5+ 1212
0.0%

Summary: The Mc Calla 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 66.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1020+100.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Calla, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Mc Calla in November 2024, up by 100.0% month-over-month. Of the 20 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% were sold over asking.

Days on Market for Mc Calla, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days37 Days-5.5%

Summary: Homes in Mc Calla had an average of 37 days on market in Nov 2024, down by 5.5% compared to last month.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in Mc Calla; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 2 Days Ago

Newest Listings in Mc Calla, AL

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