Is Brewton, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brewton has remained a Seller's Market.
Key Takeaway
Brewton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brewton, AL
How much do homes in Brewton, AL cost?
Median Sold Price
$185,200
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brewton have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Brewton was $185,200 in March 2024, up 15.8% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | - | N/A |
| 2 Bedrooms | $85.2K | $132.5K | +55.4% |
| 3 Bedrooms | $158K | $172K | +8.9% |
| 4 Bedrooms | $255K | $225K | -11.8% |
| 5+ Bedrooms | $232.5K | $302.2K | +30.0% |
Summary: Brewton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
| East Brewton | $88.7K | $140.9K | +58.8% |
| East Escambia | $98.7K | $141.9K | +43.7% |
| Brewton | $160K | $185.2K | +15.8% |
Housing Supply in Brewton, AL
How many homes are available in Brewton, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 45 | +15.4% |
Summary: The Brewton real estate market had 45 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Brewton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brewton, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Brewton in March 2024, up by 28.6% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Brewton, AL
We’re sorry, we don't have information for this market at the moment
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