Is Milkhouse, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Milkhouse was a Seller's Market.
Housing Prices in Milkhouse, AL
How much do homes in Milkhouse, AL cost?
Median Sold Price
$285,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Milkhouse was $285,000 in May 2024, up 14% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $218K | $243K | +11.5% |
4 Bedrooms | $325K | $463.5K | +42.6% |
5+ Bedrooms | $498K | $564.9K | +13.4% |
Summary: Milkhouse housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 42.6%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in Milkhouse, AL
How many homes are available in Milkhouse, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 39 | +21.9% |
Summary: The Milkhouse real estate market had 39 homes for sale in May 2024, a 21.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 17 | 24 | +41.2% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Milkhouse housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Milkhouse in May 2024, the same as the previous 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 Milkhouse, AL
We’re sorry, we don't have information for this market at the moment