Is Calera, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calera is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Calera has remained a Buyer's Market.

Key Takeaway

Calera is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Calera, AL

How much do homes in Calera, AL cost?

Median Sold Price

$234,000

$147/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$4,000(+1.7%)

Key Takeaway

Homes in Calera have sold for 1.7% more than they did a month ago.

Summary: The median home sold price in Calera was $234,000 in February 2024, up 1.7% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $159.8K-
N/A
3 $230K$227K
-1.3%
4 $310K$259.5K
-16.3%
5+ -$380K
N/A

Summary: Calera 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 decreased by 1.3%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Calera
+1.7%
Alabaster
-4.1%
Alabaster-Helena
-9.0%

Housing Supply in Calera, AL

How many homes are available in Calera, AL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
111131+18.0%

Summary: The Calera real estate market had 131 homes for sale in February 2024, a 18.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 7685
+11.8%
4 2936
+24.1%
5+ 46
+50.0%

Summary: The Calera 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 increased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calera, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Calera in February 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 35% were sold at asking, and 0% were sold over asking.

Days on Market for Calera, AL

How long does it take to sell a home in Calera, AL?

Average Sale Time

Jan 2024Feb 2024CHANGE
52 Days51 Days-1.6%

Summary: Homes in Calera had an average of 51 days on market in Feb 2024, down by 1.6% compared to last month.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 17 homes were sold in Calera; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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 27 Days Ago

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