$1,176 Closing Credit*
$99,000
3 Beds
•2 Full Baths
Becca Shaw, Listing Office: Keller Williams Mobile
Is Theodore, 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, Theodore has remained a Buyer's Market.
Key Takeaway
Theodore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Theodore, AL
How much do homes in Theodore, AL cost?
Median Sold Price
$556,000
$194/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$331,000(+147.1%)
Key Takeaway
Homes in Theodore have sold for 147.1% more than they did a month ago.
Summary: The median home sold price in Theodore was $556,000 in November 2024, up 147.1% from last month, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $499.9K | - | N/A |
| 3 Bedrooms | $225K | $802.5K | +256.7% |
| 4 Bedrooms | $197K | $512K | +159.9% |
| 5+ Bedrooms | - | $1.6M | N/A |
Summary: Theodore 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 256.7%, 4 bedroom homes increased by 159.9%, and 5+ bedroom homes did not change.
Housing Supply in Theodore, AL
How many homes are available in Theodore, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 107 | 123 | +15.0% |
Summary: The Theodore real estate market had 123 homes for sale in November 2024, a 15.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 55 | 65 | +18.2% |
| 4 Bedrooms | 36 | 41 | +13.9% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Theodore 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Theodore, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Theodore in November 2024, up by 233.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Theodore, 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.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.