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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trinity is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Trinity is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Trinity, AL

How much do homes in Trinity, AL cost?

Median Sold Price

$259,900

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,100(-1.9%)

Key Takeaway

Homes in Trinity have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Trinity was $259,900 in November 2024, down 1.9% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150K
N/A
2 $184.9K$131.2K
-29.1%
3 $225K$259.9K
+15.5%
4 $279.9K$316.5K
+13.1%
5+ $585K$369.9K
-36.8%

Summary: Trinity 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 decreased by 29.1%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 36.8%.

Median Sold Price Compared To Nearby Cities

Morris Chapel
+6.9%
Decatur
+2.1%
Trinity
-1.9%
Trinity
-1.9%

Housing Supply in Trinity, AL

How many homes are available in Trinity, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The Trinity real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 11
0.0%
3 1114
+27.3%
4 74
-42.9%
5+ 33
0.0%

Summary: The Trinity 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Trinity in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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 17 Days Ago

Newest Listings in Trinity, AL

Nearby Markets to Trinity, AL