Is Tanner Williams, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tanner Williams is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Tanner Williams has remained a Buyer'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

$302,000

$129/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$42,000(+16.2%)

Key Takeaway

Homes in Tanner Williams have sold for 16.2% more than they did a month ago.

Summary: The median home sold price in Tanner Williams was $302,000 in November 2024, up 16.2% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $148.2K$250K
+68.6%
4 $379.9K$349.5K
-8.0%
5+ -$401.2K
N/A

Summary: Tanner Williams 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 increased by 68.6%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tanner Williams
+16.2%
Semmes
+9.9%

Housing Supply in Tanner Williams, AL

How many homes are available in Tanner Williams, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
276340+23.2%

Summary: The Tanner Williams real estate market had 340 homes for sale in November 2024, a 23.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 611
+83.3%
3 139177
+27.3%
4 106123
+16.0%
5+ 2529
+16.0%

Summary: The Tanner Williams 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 increased by 83.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 16%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1922+15.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tanner Williams, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Tanner Williams in November 2024, up by 15.8% month-over-month. Of the 19 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% 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

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 Tanner Williams, AL

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