$9,500 Closing Credit*
$800,000
1,850 SqFt
1 Bed
•1 Full Bath
JanieMac Roe, Listing Office: LAH Sotheby's International Re
Is Sterrett, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sterrett was a Neutral Market.
Key Takeaway
Sterrett is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sterrett, AL
How much do homes in Sterrett, AL cost?
Median Sold Price
$300,000
$131/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$127,500(-29.8%)
Key Takeaway
Homes in Sterrett have sold for 29.8% less than they did a month ago.
Summary: The median home sold price in Sterrett was $300,000 in November 2024, down 29.8% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $280K | $280K | 0.0% |
| 4 Bedrooms | $575K | $305K | -47.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sterrett 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 decreased by 47%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Westover | $280K | $410.7K | +46.7% |
| Harpersville | $263.3K | $305.4K | +16.0% |
| Chelsea | $357.4K | $367.7K | +2.9% |
| Sterrett | $427.5K | $300K | -29.8% |
Housing Supply in Sterrett, AL
How many homes are available in Sterrett, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Sterrett real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to 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 | 7 | 8 | +14.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sterrett 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 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sterrett, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Sterrett in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Sterrett, AL
How long does it take to sell a home in Sterrett, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 7 Days | -88.8% |
Summary: Homes in Sterrett had an average of 7 days on market in Nov 2024, down by 88.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sterrett are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Sterrett; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
