Is Choccolocco, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Choccolocco was a Seller's Market.
Housing Prices in Choccolocco, AL
How much do homes in Choccolocco, AL cost?
Median Sold Price
$155,500
$154/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Choccolocco was $155,500 in April 2024, down 31.6% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $227.4K | $155.5K | -31.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Choccolocco housing prices by bedroom type for April 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 31.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Choccolocco, AL
How many homes are available in Choccolocco, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Summary: The Choccolocco real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Choccolocco housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Choccolocco in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Choccolocco, AL
How long does it take to sell a home in Choccolocco, AL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 3 Days | +50.0% |
Summary: Homes in Choccolocco had an average of 3 days on market in Apr 2024, up by 50% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Choccolocco; 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.