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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chickasaw is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Chickasaw was a Seller's Market.

Key Takeaway

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

Housing Prices in Chickasaw, AL

How much do homes in Chickasaw, AL cost?

Median Sold Price

$112,300

$107/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$31,300(+38.6%)

Key Takeaway

Homes in Chickasaw have sold for 38.6% more than they did a month ago.

Summary: The median home sold price in Chickasaw was $112,300 in February 2024, up 38.6% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $70K-
N/A
3 $92K$112.3K
+22.1%
4 --
N/A
5+ --
N/A

Summary: Chickasaw 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 increased by 22.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chickasaw, AL

How many homes are available in Chickasaw, AL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1928+47.4%

Summary: The Chickasaw real estate market had 28 homes for sale in February 2024, a 47.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 1214
+16.7%
4 16
+500.0%
5+ 00
0.0%

Summary: The Chickasaw 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 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 500%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chickasaw, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Chickasaw in February 2024, down by 75.0% 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 Chickasaw, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Chickasaw, AL

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