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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ragland is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Ragland was a Seller's Market.

Key Takeaway

Ragland 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 Ragland, AL

How much do homes in Ragland, AL cost?

Median Sold Price

$16,000

$12/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$19,000(-54.3%)

Key Takeaway

Homes in Ragland have sold for 54.3% less than they did a month ago.

Summary: The median home sold price in Ragland was $16,000 in September 2024, down 54.3% from last month, and the median price per square foot was $12.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $35K-
N/A
3 -$16K
N/A
4 --
N/A
5+ --
N/A

Summary: Ragland housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ragland, AL

How many homes are available in Ragland, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
57+40.0%

Summary: The Ragland real estate market had 7 homes for sale in September 2024, a 40.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 13
+200.0%
4 01
+100.0%
5+ 01
+100.0%

Summary: The Ragland 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 decreased by 50%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ragland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ragland in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ragland, AL

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

Average Sale Time

Aug 2024Sep 2024CHANGE
64 Days66 Days+2.3%

Summary: Homes in Ragland had an average of 66 days on market in Sep 2024, up by 2.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ragland has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Ragland; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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