Is Alford, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alford is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Alford has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Alford, FL

How much do homes in Alford, FL cost?

Median Sold Price

$180,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,250(+1.3%)

Key Takeaway

Homes in Alford have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Alford was $180,000 in November 2024, up 1.3% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99.9K-
N/A
2 $135K$120K
-11.1%
3 $242.5K$206K
-15.1%
4 $225K$203K
-9.8%
5+ $325K-
N/A

Summary: Alford 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 11.1%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes did not change.

Housing Supply in Alford, FL

How many homes are available in Alford, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The Alford real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 55
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Alford 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alford, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Alford in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Alford, FL

How long does it take to sell a home in Alford, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
1 Day43 Days+4200.0%

Summary: Homes in Alford had an average of 43 days on market in Nov 2024, up by 4200% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Alford; 50% of homes were sold within 30 days, 50% 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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