$10,000 Closing Credit*
$1,875,000
6,088 SqFt
4 Beds
•4 Baths
#24-1190, Listing Office: Lake Homes Realty
Is Vinemont, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Vinemont has remained a Seller's Market.
Key Takeaway
Vinemont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vinemont, AL
How much do homes in Vinemont, AL cost?
Median Sold Price
$215,950
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+6.1%)
Key Takeaway
Homes in Vinemont have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Vinemont was $215,950 in November 2024, up 6.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155.9K | N/A |
| 2 Bedrooms | $153.7K | $136K | -11.6% |
| 3 Bedrooms | $211.8K | $223K | +5.3% |
| 4 Bedrooms | $269.9K | $346K | +28.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Vinemont 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 11.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vinemont | $203.4K | $215.9K | +6.1% |
| Cullman | $282.5K | $284K | 0.5% |
Housing Supply in Vinemont, AL
How many homes are available in Vinemont, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Vinemont real estate market had 18 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Vinemont 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vinemont, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Vinemont in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Vinemont, AL
How long does it take to sell a home in Vinemont, AL?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vinemont are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Vinemont; 50% 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.
