$2,957 Closing Credit*
$249,030
2,065 SqFt
4 Beds
•2 Full Baths, 1 Partial
Caitlin Gagliano, Listing Office: Rausch Coleman Realty Group, L
Is Odenville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Odenville was a Neutral Market.
Key Takeaway
Odenville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Odenville, AL
How much do homes in Odenville, AL cost?
Median Sold Price
$288,830
$141/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$61,330(+27.0%)
Key Takeaway
Homes in Odenville have sold for 27% more than they did a month ago.
Summary: The median home sold price in Odenville was $288,830 in November 2024, up 27% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $222.7K | $238.5K | +7.1% |
| 4 Bedrooms | $323.5K | $290.5K | -10.2% |
| 5+ Bedrooms | - | $311.9K | N/A |
Summary: Odenville 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 increased by 7.1%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Odenville | $227.5K | $288.8K | +27.0% |
| Margaret | $225K | $226K | 0.4% |
| Moody | $284.9K | $255K | -10.5% |
| Springville | $383.8K | $323.8K | -15.6% |
Housing Supply in Odenville, AL
How many homes are available in Odenville, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 109 | +9.0% |
Summary: The Odenville real estate market had 109 homes for sale in November 2024, a 9.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 52 | 53 | +1.9% |
| 4 Bedrooms | 38 | 44 | +15.8% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Odenville 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 1.9%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Odenville, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Odenville in November 2024, up by 31.3% month-over-month. Of the 21 sold homes, 43% were sold under asking, 38% were sold at asking, and 19% were sold over asking.
Days on Market for Odenville, AL
How long does it take to sell a home in Odenville, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 37 Days | -30.6% |
Summary: Homes in Odenville had an average of 37 days on market in Nov 2024, down by 30.6% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Odenville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Odenville; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
