$110,000
21.10 Acres
Land
Listing Office: Dream Key Real Estate, LLC
Is Town Creek, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Town Creek has remained a Neutral Market.
Key Takeaway
Town Creek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Town Creek, AL
How much do homes in Town Creek, AL cost?
Median Sold Price
$242,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,500(+21.9%)
Key Takeaway
Homes in Town Creek have sold for 21.9% more than they did a year ago.
Summary: The median home sold price in Town Creek was $242,500 in November 2024, up 21.9% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | $190K | +265.4% |
| 2 Bedrooms | $148K | $278.5K | +88.2% |
| 3 Bedrooms | $212.2K | $200K | -5.8% |
| 4 Bedrooms | $256K | $612.5K | +139.3% |
| 5+ Bedrooms | $278K | - | N/A |
Summary: Town Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 265.4%, 2 bedroom homes increased by 88.2%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 139.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Town Creek | $199K | $242.5K | +21.9% |
| Guntersville | $367.9K | $353K | -4.1% |
Housing Supply in Town Creek, AL
How many homes are available in Town Creek, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Town Creek real estate market had 21 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Town Creek 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 increased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Town Creek, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Town Creek in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Town Creek, AL
We’re sorry, we don't have information for this market at the moment
