$3,146 Closing Credit*
$264,900
1,600 SqFt
3 Beds
•2 Full Baths
Listing Office: Re/Max Legacy
Is Toney, 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, Toney has remained a Seller's Market.
Key Takeaway
Toney is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Toney, AL
How much do homes in Toney, AL cost?
Median Sold Price
$284,950
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,050(-4.1%)
Key Takeaway
Homes in Toney have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Toney was $284,950 in October 2024, down 4.1% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152.5K | $187K | +22.6% |
| 3 Bedrooms | $264.9K | $250K | -5.7% |
| 4 Bedrooms | $324.9K | $330K | +1.6% |
| 5+ Bedrooms | $456.2K | $565K | +23.8% |
Summary: Toney 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 increased by 22.6%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
| Hazel Green | $293K | $299.9K | +2.4% |
| Harvest | $310.1K | $313.3K | +1.0% |
| Madison Crossroads | $294.9K | $285K | -3.4% |
| Toney | $297K | $284.9K | -4.1% |
| Meridianville | $349.9K | $328.2K | -6.2% |
Housing Supply in Toney, AL
How many homes are available in Toney, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 84 | +2.4% |
Summary: The Toney real estate market had 84 homes for sale in October 2024, a 2.4% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 44 | 44 | 0.0% |
| 4 Bedrooms | 28 | 31 | +10.7% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Toney 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Toney, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in Toney in October 2024, up by 40.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Toney, AL
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.