$10,000 Closing Credit*
$879,000
4,264 SqFt
5 Beds
•5 Full Baths, 1 Partial
Listing Office: Weichert Realtors Cullman
Is McMullen Cove, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, McMullen Cove has remained a Seller's Market.
Key Takeaway
McMullen Cove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McMullen Cove, AL
How much do homes in McMullen Cove, AL cost?
Median Sold Price
$778,788
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$14,263(-1.8%)
Key Takeaway
Homes in McMullen Cove have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in McMullen Cove was $778,788 in September 2024, down 1.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $542.3K | $529.9K | -2.3% |
| 4 Bedrooms | $812.1K | $783.7K | -3.5% |
| 5+ Bedrooms | $795K | $1.0M | +31.4% |
Summary: McMullen Cove housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 31.4%.
Housing Supply in McMullen Cove, AL
How many homes are available in McMullen Cove, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The McMullen Cove real estate market had 29 homes for sale in September 2024, a 3.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The McMullen Cove housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McMullen Cove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in McMullen Cove in September 2024, up by 42.9% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
Days on Market for McMullen Cove, AL
We’re sorry, we don't have information for this market at the moment
