$1,900,000
11.00 Acres
Land
Listing Office: Re/Max Alliance
Is Owens Cross Roads, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Owens Cross Roads was a Seller's Market.
Key Takeaway
Owens Cross Roads 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 Owens Cross Roads, AL
How much do homes in Owens Cross Roads, AL cost?
Median Sold Price
$389,220
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,681(-0.9%)
Key Takeaway
Homes in Owens Cross Roads have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Owens Cross Roads was $389,220 in November 2024, down 0.9% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $364.1K | - | N/A |
| 2 Bedrooms | $250K | $212.5K | -15.0% |
| 3 Bedrooms | $325K | $314.5K | -3.2% |
| 4 Bedrooms | $430K | $425.6K | -1.0% |
| 5+ Bedrooms | $580.2K | $650K | +12.0% |
Summary: Owens Cross Roads housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| New Hope | $231.2K | $262K | +13.3% |
| Owens Cross Roads | $392.9K | $389.2K | -0.9% |
| Huntsville | $334.3K | $330.8K | -1.0% |
Housing Supply in Owens Cross Roads, AL
How many homes are available in Owens Cross Roads, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 217 | 219 | +0.9% |
Summary: The Owens Cross Roads real estate market had 219 homes for sale in November 2024, a 0.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 72 | 83 | +15.3% |
| 4 Bedrooms | 114 | 105 | -7.9% |
| 5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The Owens Cross Roads 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 decreased by 50%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Owens Cross Roads, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Owens Cross Roads in November 2024, up by 2.9% month-over-month. Of the 36 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for Owens Cross Roads, AL
We’re sorry, we don't have information for this market at the moment
