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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weaver is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Weaver was a Neutral Market.

Key Takeaway

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

Housing Prices in Weaver, AL

How much do homes in Weaver, AL cost?

Median Sold Price

$124,950

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$57,548(-31.5%)

Key Takeaway

Homes in Weaver have sold for 31.5% less than they did a month ago.

Summary: The median home sold price in Weaver was $124,950 in November 2024, down 31.5% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$110K
N/A
3 $174.9K$139.9K
-20.1%
4 --
N/A
5+ $190K-
N/A

Summary: Weaver 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 20.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Anniston
+60.1%
Weaver
-31.5%

Housing Supply in Weaver, AL

How many homes are available in Weaver, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1418+28.6%

Summary: The Weaver real estate market had 18 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 711
+57.1%
4 44
0.0%
5+ 10
-100.0%

Summary: The Weaver 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 increased by 50%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weaver, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Weaver in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Weaver, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
20 Days1 Day-95.1%

Summary: Homes in Weaver had an average of 1 days on market in Nov 2024, down by 95.1% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Weaver; 100% 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 20 Days Ago

Newest Listings in Weaver, AL

Nearby Markets to Weaver, AL

What housing markets are near Weaver, AL?