$16,500
0.55 Acres
Land
Randall Doss, Listing Office: Keller Williams Realty Group
Is Piedmont, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Piedmont has remained a Seller's Market.
Key Takeaway
Piedmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Piedmont, AL
How much do homes in Piedmont, AL cost?
Median Sold Price
$175,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,000(+37.8%)
Key Takeaway
Homes in Piedmont have sold for 37.8% more than they did a year ago.
Summary: The median home sold price in Piedmont was $175,000 in October 2024, up 37.8% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120K | $214.4K | +78.7% |
| 3 Bedrooms | $127K | $170.7K | +34.4% |
| 4 Bedrooms | $222.8K | $171.5K | -23.1% |
| 5+ Bedrooms | $425K | $175K | -58.8% |
Summary: Piedmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.7%, 3 bedroom homes increased by 34.4%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 58.8%.
Housing Supply in Piedmont, AL
How many homes are available in Piedmont, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 32 | +52.4% |
Summary: The Piedmont real estate market had 32 homes for sale in October 2024, a 52.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Piedmont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Piedmont, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Piedmont in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Piedmont, AL
How long does it take to sell a home in Piedmont, AL?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Piedmont are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Piedmont; 29% 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.
Based on information from the Georgia MLS © 2024. 
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.