$3,325 Closing Credit*
$279,999
3,067 SqFt
3 Beds
•3 Full Baths
Ligia Roberts, Listing Office: Panorama Properties
Is Piedmont, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$130,000
$74/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$61,200(-32.0%)
Key Takeaway
Homes in Piedmont have sold for 32% less than they did a month ago.
Summary: The median home sold price in Piedmont was $130,000 in November 2024, down 32% from last month, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $214.4K | $85K | -60.4% |
| 3 Bedrooms | $128K | $163.5K | +27.7% |
| 4 Bedrooms | $275K | $353.2K | +28.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Piedmont 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 decreased by 60.4%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Choccolocco | $170K | $255K | +50.0% |
| Piedmont | $191.2K | $130K | -32.0% |
Housing Supply in Piedmont, AL
How many homes are available in Piedmont, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Piedmont real estate market had 38 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 8 | -38.5% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Piedmont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 38.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piedmont, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Piedmont in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Piedmont, AL
How long does it take to sell a home in Piedmont, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 39 Days | +259.1% |
Summary: Homes in Piedmont had an average of 39 days on market in Nov 2024, up by 259.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Piedmont are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Piedmont; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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.