$1,170 Closing Credit*
$98,500
1,015 SqFt
2 Beds
•1 Full Bath
Viola Broadnax, Listing Office: Alabama Realty Brokers III
Is Tarrant, 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, Tarrant has remained a Seller's Market.
Key Takeaway
Tarrant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tarrant, AL
How much do homes in Tarrant, AL cost?
Median Sold Price
$92,500
$67/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$4,500(-4.6%)
Key Takeaway
Homes in Tarrant have sold for 4.6% less than they did a month ago.
Summary: The median home sold price in Tarrant was $92,500 in November 2024, down 4.6% from last month, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $46.5K | N/A |
| 3 Bedrooms | $113.5K | $87.7K | -22.7% |
| 4 Bedrooms | $361.4K | $361.2K | -0.1% |
| 5+ Bedrooms | $52.5K | - | N/A |
Summary: Tarrant 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 decreased by 22.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Birmingham | $274K | $263.6K | -3.8% |
| Tarrant | $97K | $92.5K | -4.6% |
| Fultondale | $252.9K | $149K | -41.1% |
Housing Supply in Tarrant, AL
How many homes are available in Tarrant, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The Tarrant real estate market had 24 homes for sale in November 2024, a 14.3% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tarrant 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 6.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tarrant, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Tarrant in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Tarrant, AL
How long does it take to sell a home in Tarrant, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 46 Days | +181.4% |
Summary: Homes in Tarrant had an average of 46 days on market in Nov 2024, up by 181.4% compared to last month.
Breakdown of Home Sale Times
3 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 Tarrant are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Tarrant; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
