$5,064 Closing Credit*
$426,421
2,980 SqFt
5 Beds
•3 Full Baths
Listing Office: Dhi Realty
Is Meridianville, 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, Meridianville was a Buyer's Market.
Key Takeaway
Meridianville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meridianville, AL
How much do homes in Meridianville, AL cost?
Median Sold Price
$328,032
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,735(-4.6%)
Key Takeaway
Homes in Meridianville have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in Meridianville was $328,032 in November 2024, down 4.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $80K | -42.9% |
| 3 Bedrooms | $285.9K | $275K | -3.8% |
| 4 Bedrooms | $373.8K | $353.4K | -5.5% |
| 5+ Bedrooms | $431.1K | $455.6K | +5.7% |
Summary: Meridianville 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 decreased by 42.9%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Hazel Green | $285.5K | $300.1K | +5.1% |
| New Market | $300K | $310.8K | +3.6% |
| Huntsville | $334.3K | $330.8K | -1.0% |
| Toney | $297K | $284.9K | -4.1% |
| Meridianville | $343.7K | $328K | -4.6% |
Housing Supply in Meridianville, AL
How many homes are available in Meridianville, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 151 | +1.3% |
Summary: The Meridianville real estate market had 151 homes for sale in November 2024, a 1.3% increase 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 | 63 | 64 | +1.6% |
| 4 Bedrooms | 78 | 78 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Meridianville 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 increased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meridianville, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in Meridianville in November 2024, up by 44.4% month-over-month. Of the 26 sold homes, 27% were sold under asking, 62% were sold at asking, and 12% were sold over asking.
Days on Market for Meridianville, AL
We’re sorry, we don't have information for this market at the moment
