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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Satsuma is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Satsuma has remained a Buyer's Market.

Key Takeaway

Satsuma is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Satsuma, AL

How much do homes in Satsuma, AL cost?

Median Sold Price

$239,900

$156/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$91,100(-27.5%)

Key Takeaway

Homes in Satsuma have sold for 27.5% less than they did a month ago.

Summary: The median home sold price in Satsuma was $239,900 in November 2024, down 27.5% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$239.9K
N/A
4 $331K-
N/A
5+ --
N/A

Summary: Satsuma housing prices by bedroom type for November 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 Satsuma, AL

How many homes are available in Satsuma, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21210.0%

Summary: The Satsuma real estate market had 21 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1314
+7.7%
4 65
-16.7%
5+ 00
0.0%

Summary: The Satsuma 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 increased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Satsuma, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Satsuma in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Satsuma, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Satsuma, AL

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