$1,769 Closing Credit*
$149,000
1,276 SqFt
3 Beds
•1 Full Bath, 1 Partial
Julie Watson, Listing Office: EXIT Realty Cahaba
Is Talladega, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Talladega has remained a Buyer's Market.
Key Takeaway
Talladega is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Talladega, AL
How much do homes in Talladega, AL cost?
Median Sold Price
$223,500
$142/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$46,200(-17.1%)
Key Takeaway
Homes in Talladega have sold for 17.1% less than they did a month ago.
Summary: The median home sold price in Talladega was $223,500 in November 2024, down 17.1% from last month, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349.9K | $400K | +14.3% |
| 3 Bedrooms | $185.9K | $124.5K | -33.0% |
| 4 Bedrooms | $725K | $439K | -39.4% |
| 5+ Bedrooms | $450K | $142K | -68.4% |
Summary: Talladega 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 increased by 14.3%, 3 bedroom homes decreased by 33%, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes decreased by 68.4%.
Housing Supply in Talladega, AL
How many homes are available in Talladega, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 81 | +28.6% |
Summary: The Talladega real estate market had 81 homes for sale in November 2024, a 28.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 39 | 53 | +35.9% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Talladega housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 35.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Talladega, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Talladega in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Talladega, AL
How long does it take to sell a home in Talladega, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 Days | 39 Days | -60.5% |
Summary: Homes in Talladega had an average of 39 days on market in Nov 2024, down by 60.5% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Talladega are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Talladega; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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