$2,552 Closing Credit*
$214,900
1,218 SqFt
3 Beds
•1 Full Bath, 1 Partial
Staci Davis, Listing Office: South Coast Properties
Is Summerdale, 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, Summerdale was a Seller's Market.
Key Takeaway
Summerdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Summerdale, AL
How much do homes in Summerdale, AL cost?
Median Sold Price
$300,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,450(-1.5%)
Key Takeaway
Homes in Summerdale have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Summerdale was $300,000 in November 2024, down 1.5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $215K | -41.1% |
| 2 Bedrooms | $218K | $277.2K | +27.2% |
| 3 Bedrooms | $298.9K | $299.9K | 0.3% |
| 4 Bedrooms | $360K | $350K | -2.8% |
| 5+ Bedrooms | - | $532.5K | N/A |
Summary: Summerdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.1%, 2 bedroom homes increased by 27.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.
Housing Supply in Summerdale, AL
How many homes are available in Summerdale, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The Summerdale real estate market had 37 homes for sale in November 2024, a 5.1% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Summerdale 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 decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
5 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 Summerdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Summerdale in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Summerdale, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS 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. Data is deemed reliable but is not guaranteed accurate by the MLS.