$10,000
0.33 Acres
Land
Freddy Odom, Listing Office: New Key Realty, LLC.
Is Titus, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Titus has remained a Seller's Market.
Key Takeaway
Titus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Titus, AL
How much do homes in Titus, AL cost?
Median Sold Price
$290,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$65,000(-18.3%)
Key Takeaway
Homes in Titus have sold for 18.3% less than they did a year ago.
Summary: The median home sold price in Titus was $290,000 in October 2024, down 18.3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $207.5K | N/A |
| 2 Bedrooms | $360K | $155K | -56.9% |
| 3 Bedrooms | $307.5K | $275K | -10.6% |
| 4 Bedrooms | $402.5K | $535K | +32.9% |
| 5+ Bedrooms | - | $280K | N/A |
Summary: Titus 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 56.9%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes did not change.
Housing Supply in Titus, AL
How many homes are available in Titus, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Titus real estate market had 29 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Titus 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 decreased by 33.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Titus, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Titus in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Titus, AL
How long does it take to sell a home in Titus, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 70 Days | +7.7% |
Summary: Homes in Titus had an average of 70 days on market in Oct 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Titus has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Titus; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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