$229,000
0.32 Acres
Land
Shelly Wallace, Listing Office: RealtySouth-I459 Southwest
Is Ohatchee, 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, Ohatchee was a Buyer's Market.
Key Takeaway
Ohatchee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ohatchee, AL
How much do homes in Ohatchee, AL cost?
Median Sold Price
$289,500
$157/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$39,600(+15.8%)
Key Takeaway
Homes in Ohatchee have sold for 15.8% more than they did a month ago.
Summary: The median home sold price in Ohatchee was $289,500 in November 2024, up 15.8% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $249.9K | $289.5K | +15.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ohatchee 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 15.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ohatchee, AL
How many homes are available in Ohatchee, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The Ohatchee real estate market had 11 homes for sale in November 2024, a 37.5% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Ohatchee 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 decreased by 20%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased 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
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ohatchee, 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 Ohatchee in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Ohatchee, AL
How long does it take to sell a home in Ohatchee, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ohatchee are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Ohatchee; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
