$149,900
0.63 Acres
Land
Listing Office: Southland Realty & Auction LLC
Is Scottsboro, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Scottsboro has remained a Seller's Market.
Key Takeaway
Scottsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scottsboro, AL
How much do homes in Scottsboro, AL cost?
Median Sold Price
$257,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,250(+8.1%)
Key Takeaway
Homes in Scottsboro have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Scottsboro was $257,000 in October 2024, up 8.1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $49.9K | -71.1% |
| 2 Bedrooms | $121.5K | $150K | +23.5% |
| 3 Bedrooms | $225K | $247.8K | +10.1% |
| 4 Bedrooms | $379.5K | $290K | -23.6% |
| 5+ Bedrooms | $659.5K | $655K | -0.7% |
Summary: Scottsboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.1%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Scottsboro, AL
How many homes are available in Scottsboro, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 | 125 | +13.6% |
Summary: The Scottsboro real estate market had 125 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 67 | 73 | +9.0% |
| 4 Bedrooms | 23 | 29 | +26.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Scottsboro 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 25%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scottsboro, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Scottsboro in October 2024, the same as the previous month. Of the 21 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Scottsboro, AL
How long does it take to sell a home in Scottsboro, AL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Scottsboro are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 21 homes were sold in Scottsboro; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.