$8,609 Closing Credit*
$725,000
4,437 SqFt
5 Beds
•4 Full Baths
Listing Office: Keller Williams Realty
Is McMullen Cove, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, McMullen Cove was a Seller's Market.
Key Takeaway
McMullen Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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 November 2023
-$6,211(-0.8%)
Key Takeaway
Homes in McMullen Cove have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in McMullen Cove was $778,788 in November 2024, down 0.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $581.6K | $576.5K | -0.9% |
| 4 Bedrooms | $812.1K | $783.7K | -3.5% |
| 5+ Bedrooms | $780K | $1.1M | +46.4% |
Summary: McMullen Cove housing prices by bedroom type for November 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 0.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 46.4%.
Housing Supply in McMullen Cove, AL
How many homes are available in McMullen Cove, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Summary: The McMullen Cove real estate market had 25 homes for sale in November 2024, a 10.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The McMullen Cove 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McMullen Cove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in McMullen Cove in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
