Is Cedar Bluff-Gaylesville, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Bluff-Gaylesville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cedar Bluff-Gaylesville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cedar Bluff-Gaylesville, AL

How much do homes in Cedar Bluff-Gaylesville, AL cost?

Median Sold Price

$740,000

$241/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$425,000(+134.9%)

Key Takeaway

Homes in Cedar Bluff-Gaylesville have sold for 134.9% more than they did a month ago.

Summary: The median home sold price in Cedar Bluff-Gaylesville was $740,000 in April 2024, up 134.9% from last month, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $315K-
N/A
2 --
N/A
3 --
N/A
4 -$740K
N/A
5+ --
N/A

Summary: Cedar Bluff-Gaylesville 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cedar Bluff-Gaylesville, AL

How many homes are available in Cedar Bluff-Gaylesville, AL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98-11.1%

Summary: The Cedar Bluff-Gaylesville real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 33
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Cedar Bluff-Gaylesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Bluff-Gaylesville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cedar Bluff-Gaylesville in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cedar Bluff-Gaylesville, AL

How long does it take to sell a home in Cedar Bluff-Gaylesville, AL?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cedar Bluff-Gaylesville has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Cedar Bluff-Gaylesville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

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