$45,000
4.00 Acres
Land
Listing Office: Legend Realty
Is Scottsboro, 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, Scottsboro was a Seller's Market.
Key Takeaway
Scottsboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Scottsboro, AL
How much do homes in Scottsboro, AL cost?
Median Sold Price
$259,135
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,135(+8.0%)
Key Takeaway
Homes in Scottsboro have sold for 8% more than they did a year ago.
Summary: The median home sold price in Scottsboro was $259,135 in November 2024, up 8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $49.9K | -81.2% |
| 2 Bedrooms | $121.5K | $150K | +23.5% |
| 3 Bedrooms | $225K | $247.8K | +10.1% |
| 4 Bedrooms | $365K | $342K | -6.3% |
| 5+ Bedrooms | $632.5K | $590K | -6.7% |
Summary: Scottsboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 81.2%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in Scottsboro, AL
How many homes are available in Scottsboro, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 114 | -5.8% |
Summary: The Scottsboro real estate market had 114 homes for sale in November 2024, a 5.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 70 | 64 | -8.6% |
| 4 Bedrooms | 27 | 29 | +7.4% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Scottsboro 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 decreased by 13.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scottsboro, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Scottsboro in November 2024, down by 18.2% month-over-month. Of the 18 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Scottsboro, AL
We’re sorry, we don't have information for this market at the moment
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