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 October 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

$348,200

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$61,200(+21.3%)

Key Takeaway

Homes in Rogersville have sold for 21.3% more than they did a year ago.

Summary: The median home sold price in Rogersville was $348,200 in October 2024, up 21.3% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$170K
N/A
2 $285K$380K
+33.3%
3 $276K$249.9K
-9.5%
4 $316.5K$530K
+67.5%
5+ -$1.2M
N/A

Summary: Rogersville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 67.5%, 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

Sep 2024Oct 2024CHANGE
4140-2.4%

Summary: The Rogersville real estate market had 40 homes for sale in October 2024, a 2.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 1918
-5.3%
4 1411
-21.4%
5+ 45
+25.0%

Summary: The Rogersville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

5 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, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Rogersville in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% 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

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rogersville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Rogersville; 22% of homes were sold within 30 days, 0% 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 4 Days Ago

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