$7,124 Closing Credit*
$599,900
2,900 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Watercress Property Group
Is Redstone Arsenal, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Redstone Arsenal has remained a Buyer's Market.
Key Takeaway
Redstone Arsenal is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Redstone Arsenal, AL
How much do homes in Redstone Arsenal, AL cost?
Median Sold Price
$654,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$21,016(-3.1%)
Key Takeaway
Homes in Redstone Arsenal have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Redstone Arsenal was $654,000 in December 2024, down 3.1% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $615K | $520K | -15.4% |
| 4 Bedrooms | $711K | $608.6K | -14.4% |
| 5+ Bedrooms | $666.1K | $725K | +8.8% |
Summary: Redstone Arsenal housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Cities
| Madison | $374.4K | $390.5K | +4.3% |
| Madison | $370K | $381.3K | +3.1% |
| Huntsville | $332.9K | $332K | -0.3% |
| Redstone Arsenal | $675K | $654K | -3.1% |
Housing Supply in Redstone Arsenal, AL
How many homes are available in Redstone Arsenal, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Redstone Arsenal real estate market had 8 homes for sale in December 2024, a 20.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Redstone Arsenal housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Redstone Arsenal, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Redstone Arsenal in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Redstone Arsenal, AL
We’re sorry, we don't have information for this market at the moment
