Is Trinity, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trinity is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Trinity has remained a Seller's Market.

Key Takeaway

Trinity is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Trinity, AL

How much do homes in Trinity, AL cost?

Median Sold Price

$280,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,050(+14.3%)

Key Takeaway

Homes in Trinity have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Trinity was $280,000 in October 2024, up 14.3% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$131.2K
-12.5%
3 $223K$259.9K
+16.5%
4 $280K$331.5K
+18.4%
5+ -$477.4K
N/A

Summary: Trinity 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 12.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Trinity
+14.3%
Trinity
+10.0%
Decatur
+1.2%

Housing Supply in Trinity, AL

How many homes are available in Trinity, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3028-6.7%

Summary: The Trinity real estate market had 28 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 1615
-6.3%
4 128
-33.3%
5+ 13
+200.0%

Summary: The Trinity housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trinity, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Trinity in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Trinity, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Trinity, AL

Nearby Markets to Trinity, AL