$3,859 Closing Credit*
$325,000
2,168 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brandon Cobia, Listing Office: Keller Williams Realty Hoover
Is Wetumpka, 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, Wetumpka was a Seller's Market.
Key Takeaway
Wetumpka is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wetumpka, AL
How much do homes in Wetumpka, AL cost?
Median Sold Price
$285,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.6%)
Key Takeaway
Homes in Wetumpka have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Wetumpka was $285,000 in November 2024, up 3.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145.9K | $157.5K | +8.0% |
| 3 Bedrooms | $224.9K | $252.7K | +12.4% |
| 4 Bedrooms | $350K | $347.9K | -0.6% |
| 5+ Bedrooms | $445K | $427.7K | -3.9% |
Summary: Wetumpka 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 increased by 8%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 3.9%.
Housing Supply in Wetumpka, AL
How many homes are available in Wetumpka, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 143 | +5.9% |
Summary: The Wetumpka real estate market had 143 homes for sale in November 2024, a 5.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 62 | 69 | +11.3% |
| 4 Bedrooms | 51 | 55 | +7.8% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Wetumpka 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 44.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 20 | -35.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wetumpka, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Wetumpka in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 50% were sold under asking, 45% were sold at asking, and 5% were sold over asking.
Days on Market for Wetumpka, AL
How long does it take to sell a home in Wetumpka, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 84 Days | +88.3% |
Summary: Homes in Wetumpka had an average of 84 days on market in Nov 2024, up by 88.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wetumpka has remained consistent over time.
Summary: During November 2024, 20 homes were sold in Wetumpka; 30% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 
Based on information from the Georgia MLS © 2024.