$7,121 Closing Credit*
$599,650
3,018 SqFt
4 Beds
•4 Full Baths
Leslie Davis, Listing Office: Keller Williams - Mobile
Is Saraland, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Saraland was a Seller's Market.
Key Takeaway
Saraland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saraland, AL
How much do homes in Saraland, AL cost?
Median Sold Price
$241,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$33,500(-12.2%)
Key Takeaway
Homes in Saraland have sold for 12.2% less than they did a year ago.
Summary: The median home sold price in Saraland was $241,500 in November 2024, down 12.2% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $240K | $199.5K | -16.9% |
| 4 Bedrooms | $370K | $390K | +5.4% |
| 5+ Bedrooms | $402K | $377.5K | -6.1% |
Summary: Saraland housing prices by bedroom type for November 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 16.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 6.1%.
Housing Supply in Saraland, AL
How many homes are available in Saraland, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 65 | +25.0% |
Summary: The Saraland real estate market had 65 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 33 | 39 | +18.2% |
| 4 Bedrooms | 17 | 23 | +35.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Saraland 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 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saraland, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Saraland in November 2024, up by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Saraland, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.