$4,452 Closing Credit*
$374,900
2,764 SqFt
4 Beds
•2 Full Baths, 1 Partial
Morgan Ellett, Listing Office: Keller Williams Realty Vestavia
Is Trussville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Trussville has remained a Seller's Market.
Key Takeaway
Trussville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trussville, AL
How much do homes in Trussville, AL cost?
Median Sold Price
$372,700
$164/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$52,700(+16.5%)
Key Takeaway
Homes in Trussville have sold for 16.5% more than they did a month ago.
Summary: The median home sold price in Trussville was $372,700 in November 2024, up 16.5% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | - | N/A |
| 3 Bedrooms | $307K | $356.5K | +16.1% |
| 4 Bedrooms | $402K | $377.5K | -6.1% |
| 5+ Bedrooms | $497K | $500K | +0.6% |
Summary: Trussville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in Trussville, AL
How many homes are available in Trussville, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 132 | +3.1% |
Summary: The Trussville real estate market had 132 homes for sale in November 2024, a 3.1% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 65 | 58 | -10.8% |
| 4 Bedrooms | 39 | 44 | +12.8% |
| 5+ Bedrooms | 21 | 28 | +33.3% |
Summary: The Trussville 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 33.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trussville, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Trussville in November 2024, down by 25.8% month-over-month. Of the 23 sold homes, 57% were sold under asking, 13% were sold at asking, and 30% were sold over asking.
Days on Market for Trussville, AL
How long does it take to sell a home in Trussville, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 56 Days | +66.7% |
Summary: Homes in Trussville had an average of 56 days on market in Nov 2024, up by 66.7% compared to last month.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Trussville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Trussville; 65% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.