$160,000
4.00 Acres
Land
Listing Office: Capstone Realty
Is Toney, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Toney was a Buyer'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
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, down 4.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152.5K | $187K | +22.6% |
| 3 Bedrooms | $265K | $252.5K | -4.7% |
| 4 Bedrooms | $325.9K | $330K | +1.2% |
| 5+ Bedrooms | $460K | $532.4K | +15.8% |
Summary: Toney housing prices by bedroom type for November 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 4.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Hazel Green | $285.5K | $300.1K | +5.1% |
| Harvest | $312.2K | $314.8K | +0.8% |
| Madison Crossroads | $297K | $285K | -4.0% |
| Toney | $297K | $284.9K | -4.1% |
| Meridianville | $343.7K | $328K | -4.6% |
Housing Supply in Toney, AL
How many homes are available in Toney, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 76 | -7.3% |
Summary: The Toney real estate market had 76 homes for sale in November 2024, a 7.3% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 44 | 43 | -2.3% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Toney 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 decreased by 100%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Toney, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Toney in November 2024, down by 23.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Toney, AL
How long does it take to sell a home in Toney, AL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Toney has remained consistent over time.
Summary: During November 2024, 16 homes were sold in Toney; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.