$104,166
8.10 Acres
Land
Listing Office: Keller Williams Realty
Is Section, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Section has remained a Seller's Market.
Key Takeaway
Section is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Section, AL
How much do homes in Section, AL cost?
Median Sold Price
$255,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+30.8%)
Key Takeaway
Homes in Section have sold for 30.8% more than they did a year ago.
Summary: The median home sold price in Section was $255,000 in November 2024, up 30.8% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $209K | $242.4K | +16.0% |
| 3 Bedrooms | $190.5K | $195K | +2.4% |
| 4 Bedrooms | $318.7K | $291K | -8.7% |
| 5+ Bedrooms | $450K | - | N/A |
Summary: Section 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 increased by 16%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes did not change.
Housing Supply in Section, AL
How many homes are available in Section, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Section real estate market had 7 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Section 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Section, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Section in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Section, AL
We’re sorry, we don't have information for this market at the moment
