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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Childersburg is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Childersburg was a Buyer's Market.

Key Takeaway

Childersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Childersburg, AL

How much do homes in Childersburg, AL cost?

Median Sold Price

$165,000

$94/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$139,000(+534.6%)

Key Takeaway

Homes in Childersburg have sold for 534.6% more than they did a month ago.

Summary: The median home sold price in Childersburg was $165,000 in September 2024, up 534.6% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $26K-
N/A
3 -$165K
N/A
4 --
N/A
5+ --
N/A

Summary: Childersburg housing prices by bedroom type for September 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.

Median Sold Price Compared To Nearby Cities

Childersburg
+534.6%
Sylacauga
+56.2%

Housing Supply in Childersburg, AL

How many homes are available in Childersburg, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1617+6.3%

Summary: The Childersburg real estate market had 17 homes for sale in September 2024, a 6.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 77
0.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Childersburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Childersburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Childersburg in September 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Childersburg, AL

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

Average Sale Time

Aug 2024Sep 2024CHANGE
26 Days44 Days+71.8%

Summary: Homes in Childersburg had an average of 44 days on market in Sep 2024, up by 71.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 Childersburg has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Childersburg; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

Newest Listings in Childersburg, AL

Nearby Markets to Childersburg, AL

What housing markets are near Childersburg, AL?