$2,672 Closing Credit*
$225,000
1,188 SqFt
3 Beds
•1 Full Bath
Nick Russo, Listing Office: Bellator Real Estate LLC Orang
Housing Prices in Park Place, AL
How much do homes in Park Place, AL cost?
Median List Price
$250,900
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$25,950(+11.5%)
Key Takeaway
The list price of homes in Park Place has increased by 11.5% since last year.
Summary: The median home list price in Park Place was $250,900 in September 2024, up 11.5% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $129.1K | +9.0% |
| 2 Bedrooms | $159.9K | $187.4K | +17.2% |
| 3 Bedrooms | $259.8K | $264.9K | +2.0% |
| 4 Bedrooms | $394.5K | $402K | +1.9% |
| 5+ Bedrooms | $1.0M | $399K | -62.6% |
Summary: Park Place housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 62.6%.
Median List Price Compared To Nearby Neighborhoods
| Park Place | $224.9K | $250.9K | +11.5% |
| Carver | $99.9K | $77.5K | -22.4% |
Housing Supply in Park Place, AL
How many homes are available in Park Place, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Summary: The Park Place real estate market had 29 homes for sale in September 2024, a 26.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 15 | +66.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Park Place housing inventory by bedroom type for September 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 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Days on Market for Park Place, AL
How long does it take to sell a home in Park Place, AL?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 93 Days | 67 Days | -27.7% |
Summary: Homes in Park Place had an average listing age of 67 days in Sep 2024, down by 27.7% compared to the previous year.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.