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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Overton is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Overton has remained a Buyer's Market.

Key Takeaway

Overton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Overton, AL

How much do homes in Overton, AL cost?

Median Sold Price

$349,000

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$81,500(+30.5%)

Key Takeaway

Homes in Overton have sold for 30.5% more than they did a month ago.

Summary: The median home sold price in Overton was $349,000 in November 2024, up 30.5% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $120K-
N/A
4 $415K$349K
-15.9%
5+ --
N/A

Summary: Overton 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 did not change, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Overton
+30.5%
Milkhouse
+1.7%

Housing Supply in Overton, AL

How many homes are available in Overton, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The Overton real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 1112
+9.1%
5+ 34
+33.3%

Summary: The Overton 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 16.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Overton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Overton in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Overton, AL

We’re sorry, we don't have information for this market at the moment

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 Overton, AL

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