Is Moody, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moody is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Moody was a Seller's Market.

Key Takeaway

Moody is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Moody, AL

How much do homes in Moody, AL cost?

Median Sold Price

$255,000

$159/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$29,900(-10.5%)

Key Takeaway

Homes in Moody have sold for 10.5% less than they did a month ago.

Summary: The median home sold price in Moody was $255,000 in November 2024, down 10.5% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $269.9K$237.5K
-12.0%
4 $290.4K$272.5K
-6.2%
5+ -$555K
N/A

Summary: Moody 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 12%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Odenville
+27.0%
Trussville
+16.5%
Leeds
+3.0%
Margaret
0.4%
Moody
-10.5%

Housing Supply in Moody, AL

How many homes are available in Moody, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5670+25.0%

Summary: The Moody real estate market had 70 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 3746
+24.3%
4 1519
+26.7%
5+ 44
0.0%

Summary: The Moody 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 increased by 100%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moody, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Moody in November 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 64% were sold at asking, and 9% were sold over asking.

Days on Market for Moody, AL

How long does it take to sell a home in Moody, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days28 Days+23.3%

Summary: Homes in Moody had an average of 28 days on market in Nov 2024, up by 23.3% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moody are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Moody; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Moody, AL

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