Is Pinson, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinson is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pinson has remained a Seller's Market.

Key Takeaway

Pinson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pinson, AL

How much do homes in Pinson, AL cost?

Median Sold Price

$229,950

$144/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$7,050(-3.0%)

Key Takeaway

Homes in Pinson have sold for 3% less than they did a month ago.

Summary: The median home sold price in Pinson was $229,950 in November 2024, down 3% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $218K$211.9K
-2.8%
4 $279.5K$310K
+10.9%
5+ $518.8K$444.8K
-14.3%

Summary: Pinson 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 did not change, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Cities

Kimberly-Morris
+46.6%
Center Point
+2.2%
Pinson
-3.0%
Birmingham
-3.8%
Palmerdale
-10.3%

Housing Supply in Pinson, AL

How many homes are available in Pinson, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
101102+1.0%

Summary: The Pinson real estate market had 102 homes for sale in November 2024, a 1.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 6566
+1.5%
4 2222
0.0%
5+ 1312
-7.7%

Summary: The Pinson 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 increased by 100%, 3 bedroom homes increased by 1.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinson, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Pinson in November 2024, down by 5.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 39% were sold at asking, and 17% were sold over asking.

Days on Market for Pinson, AL

How long does it take to sell a home in Pinson, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
57 Days93 Days+63.4%

Summary: Homes in Pinson had an average of 93 days on market in Nov 2024, up by 63.4% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pinson are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 18 homes were sold in Pinson; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Pinson, AL

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