Is Altoona, 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, Altoona was a Buyer's Market.
Housing Prices in Altoona, AL
How much do homes in Altoona, AL cost?
Median Sold Price
$310,000
$116/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Altoona was $310,000 in February 2024, up 40.9% from last month, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $220K | - | N/A |
4 Bedrooms | - | $310K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Altoona housing prices by bedroom type for February 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Altoona, AL
How many homes are available in Altoona, AL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The Altoona real estate market had 10 homes for sale in February 2024, a 25.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Altoona housing inventory by bedroom type for February 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 increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
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 2 homes were sold or pending in Altoona in February 2024, up by 100.0% month-over-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 Altoona, AL
How long does it take to sell a home in Altoona, AL?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 Days | 194 Days | +1663.6% |
Summary: Homes in Altoona had an average of 194 days on market in Feb 2024, up by 1663.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Altoona; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.