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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheldon is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Sheldon, AL

How much do homes in Sheldon, AL cost?

Median Sold Price

$289,000

$121/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$80,500(+38.6%)

Key Takeaway

Homes in Sheldon have sold for 38.6% more than they did a month ago.

Summary: The median home sold price in Sheldon was $289,000 in September 2024, up 38.6% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $208.5K-
N/A
4 -$289K
N/A
5+ --
N/A

Summary: Sheldon housing prices by bedroom type for September 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 Sheldon, AL

How many homes are available in Sheldon, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2436+50.0%

Summary: The Sheldon real estate market had 36 homes for sale in September 2024, a 50.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1421
+50.0%
4 914
+55.6%
5+ 00
0.0%

Summary: The Sheldon housing inventory by bedroom type for September 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 50%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

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 Sheldon, 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 Sheldon in September 2024, down by 66.7% 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 Sheldon, 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 Sheldon, AL

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