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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rogersville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Rogersville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rogersville, AL

How much do homes in Rogersville, AL cost?

Median Sold Price

$358,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$68,550(+23.7%)

Key Takeaway

Homes in Rogersville have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in Rogersville was $358,000 in November 2024, up 23.7% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K$130K
-63.9%
2 $285K$380K
+33.3%
3 $285K$249.9K
-12.3%
4 $300K$530K
+76.7%
5+ -$918.7K
N/A

Summary: Rogersville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 76.7%, and 5+ bedroom homes did not change.

Housing Supply in Rogersville, AL

How many homes are available in Rogersville, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3836-5.3%

Summary: The Rogersville real estate market had 36 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1615
-6.3%
4 119
-18.2%
5+ 56
+20.0%

Summary: The Rogersville 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rogersville, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Rogersville in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for Rogersville, AL

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

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 Rogersville has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Rogersville; 0% of homes were sold within 30 days, 14% 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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