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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turkeytown is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Turkeytown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Turkeytown, AL

How much do homes in Turkeytown, AL cost?

Median Sold Price

$274,900

$109/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$5,100(-1.8%)

Key Takeaway

Homes in Turkeytown have sold for 1.8% less than they did a month ago.

Summary: The median home sold price in Turkeytown was $274,900 in November 2024, down 1.8% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $445K$115K
-74.2%
4 $185K$274.9K
+48.6%
5+ $280K-
N/A

Summary: Turkeytown 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 decreased by 74.2%, 4 bedroom homes increased by 48.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Turkeytown
-1.8%
Lookout Mountain
-15.0%

Housing Supply in Turkeytown, AL

How many homes are available in Turkeytown, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1512-20.0%

Summary: The Turkeytown real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 86
-25.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Turkeytown 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 decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Turkeytown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Turkeytown in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Turkeytown, AL

How long does it take to sell a home in Turkeytown, AL?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Turkeytown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Turkeytown; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

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