$3,266 Closing Credit*
$275,000
3 Beds
•2 Full Baths, 1 Partial
Jc Smith, Listing Office: Keller Williams Spring Hill
Is Milkhouse, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Milkhouse has remained a Buyer's Market.
Key Takeaway
Milkhouse is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Milkhouse, AL
How much do homes in Milkhouse, AL cost?
Median Sold Price
$222,750
$107/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$3,750(+1.7%)
Key Takeaway
Homes in Milkhouse have sold for 1.7% more than they did a month ago.
Summary: The median home sold price in Milkhouse was $222,750 in November 2024, up 1.7% from last month, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $219K | $156K | -28.8% |
| 4 Bedrooms | - | $289.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Milkhouse housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Overton | $267.5K | $349K | +30.5% |
| Rolling Acres | $245K | $255K | +4.1% |
| Milkhouse | $219K | $222.7K | +1.7% |
Housing Supply in Milkhouse, AL
How many homes are available in Milkhouse, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 41 | +13.9% |
Summary: The Milkhouse real estate market had 41 homes for sale in November 2024, a 13.9% 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 | 20 | 23 | +15.0% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Milkhouse 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 15%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Milkhouse, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Milkhouse in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Milkhouse, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.