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 neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Mc Calla 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 Mc Calla, AL

How much do homes in Mc Calla, AL cost?

Median Sold Price

$315,000

$134/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$32,500(+11.5%)

Key Takeaway

Homes in Mc Calla have sold for 11.5% more than they did a month ago.

Summary: The median home sold price in Mc Calla was $315,000 in December 2024, up 11.5% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $200K$225K
+12.5%
3 $270K$262.1K
-2.9%
4 $304K$369.9K
+21.7%
5+ $400.2K$374.4K
-6.4%

Summary: Mc Calla housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 6.4%.

Median Sold Price Compared To Nearby Cities

Mc Calla
+11.5%
Lake View
+10.8%
Woodstock
-27.5%

Housing Supply in Mc Calla, AL

How many homes are available in Mc Calla, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10899-8.3%

Summary: The Mc Calla real estate market had 99 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 5348
-9.4%
4 3833
-13.2%
5+ 1111
0.0%

Summary: The Mc Calla housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2215-31.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 73.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Mc Calla in December 2024, down by 31.8% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% 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

Nov 2024Dec 2024CHANGE
40 Days50 Days+24.6%

Summary: Homes in Mc Calla had an average of 50 days on market in Dec 2024, up by 24.6% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 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 December 2024, 15 homes were sold in Mc Calla; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% 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

Newest Listings in Mc Calla, AL

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