$4,393 Closing Credit*
$369,900
3,142 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Capstone Realty Stovehouse
Is Meridianville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Meridianville was a Seller's Market.
Key Takeaway
Meridianville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Meridianville, AL
How much do homes in Meridianville, AL cost?
Median Sold Price
$328,276
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,623(-6.2%)
Key Takeaway
Homes in Meridianville have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Meridianville was $328,276 in October 2024, down 6.2% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $80K | -42.9% |
| 3 Bedrooms | $292.3K | $270K | -7.6% |
| 4 Bedrooms | $375K | $359.8K | -4.0% |
| 5+ Bedrooms | $444.9K | $455.6K | +2.4% |
Summary: Meridianville housing prices by bedroom type for October 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 7.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| New Market | $301.4K | $309.1K | +2.6% |
| Hazel Green | $293K | $299.9K | +2.4% |
| Huntsville | $335K | $331.9K | -0.9% |
| Toney | $297K | $284.9K | -4.1% |
| Meridianville | $349.9K | $328.2K | -6.2% |
Housing Supply in Meridianville, AL
How many homes are available in Meridianville, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 | 149 | -3.9% |
Summary: The Meridianville real estate market had 149 homes for sale in October 2024, a 3.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 65 | 63 | -3.1% |
| 4 Bedrooms | 83 | 78 | -6.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Meridianville housing inventory by bedroom type for October 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 3.1%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 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. 50% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Meridianville in October 2024, down by 39.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 50% were sold at asking, and 19% were sold over asking.
Days on Market for Meridianville, AL
We’re sorry, we don't have information for this market at the moment
