$3,503 Closing Credit*
$295,000
2,775 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Capstone Realty
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 September 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
$389,681
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$4,130(-1.0%)
Key Takeaway
Homes in Owens Cross Roads have sold for 1% less than they did a year ago.
Summary: The median home sold price in Owens Cross Roads was $389,681 in September 2024, down 1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $364.1K | - | N/A |
| 2 Bedrooms | $250K | $200.5K | -19.8% |
| 3 Bedrooms | $328.8K | $312.5K | -5.0% |
| 4 Bedrooms | $430K | $424.9K | -1.2% |
| 5+ Bedrooms | $582.9K | $649.9K | +11.5% |
Summary: Owens Cross Roads housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
| New Hope | $234.5K | $262K | +11.7% |
| Huntsville | $334.8K | $331.9K | -0.9% |
| Owens Cross Roads | $393.8K | $389.6K | -1.0% |
Housing Supply in Owens Cross Roads, AL
How many homes are available in Owens Cross Roads, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 220 | 229 | +4.1% |
Summary: The Owens Cross Roads real estate market had 229 homes for sale in September 2024, a 4.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 72 | 80 | +11.1% |
| 4 Bedrooms | 111 | 115 | +3.6% |
| 5+ Bedrooms | 35 | 31 | -11.4% |
Summary: The Owens Cross Roads housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 11.4%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Owens Cross Roads, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 38 homes were sold or pending in Owens Cross Roads in September 2024, down by 9.5% month-over-month. Of the 38 sold homes, 39% were sold under asking, 50% were sold at asking, and 11% 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
