$4,869 Closing Credit*
$410,000
926 SqFt
5 Beds
•2 Full Baths
Listing Office: Alabama Living Real Estate
Is Valley Head-Mentone, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Valley Head-Mentone was a Seller's Market.
Key Takeaway
Valley Head-Mentone is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Valley Head-Mentone, AL
How much do homes in Valley Head-Mentone, AL cost?
Median Sold Price
$371,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,050(+13.8%)
Key Takeaway
Homes in Valley Head-Mentone have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in Valley Head-Mentone was $371,000 in November 2024, up 13.8% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $270K | +33.3% |
| 2 Bedrooms | $282.4K | $373.7K | +32.3% |
| 3 Bedrooms | $382K | $370K | -3.1% |
| 4 Bedrooms | $405K | $410K | +1.2% |
| 5+ Bedrooms | - | $371K | N/A |
Summary: Valley Head-Mentone housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 32.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mentone | $329.9K | $376.5K | +14.1% |
| Valley Head-Mentone | $325.9K | $371K | +13.8% |
| Fort Payne | $219.9K | $232.5K | +5.7% |
Housing Supply in Valley Head-Mentone, AL
How many homes are available in Valley Head-Mentone, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Summary: The Valley Head-Mentone real estate market had 34 homes for sale in November 2024, a 9.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Valley Head-Mentone housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valley Head-Mentone, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Valley Head-Mentone in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Valley Head-Mentone, AL
We’re sorry, we don't have information for this market at the moment
