$3,323 Closing Credit*
$279,850
3 Beds
•2 Full Baths
Chad Nassar, Listing Office: IXL Real Estate LLC
Is Tanner Williams, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Tanner Williams was a Seller's Market.
Key Takeaway
Tanner Williams is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tanner Williams, AL
How much do homes in Tanner Williams, AL cost?
Median Sold Price
$269,925
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,925(+12.5%)
Key Takeaway
Homes in Tanner Williams have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Tanner Williams was $269,925 in October 2024, up 12.5% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $146.2K | $145K | -0.9% |
| 3 Bedrooms | $208K | $229K | +10.1% |
| 4 Bedrooms | $320K | $335K | +4.7% |
| 5+ Bedrooms | $500K | $400K | -20.0% |
Summary: Tanner Williams housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 20%.
Housing Supply in Tanner Williams, AL
How many homes are available in Tanner Williams, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 263 | 322 | +22.4% |
Summary: The Tanner Williams real estate market had 322 homes for sale in October 2024, a 22.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 144 | 169 | +17.4% |
| 4 Bedrooms | 91 | 119 | +30.8% |
| 5+ Bedrooms | 22 | 27 | +22.7% |
Summary: The Tanner Williams housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tanner Williams, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Tanner Williams in October 2024, down by 24.0% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.
Days on Market for Tanner Williams, 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.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 