Is College Park, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, College Park was a Seller's Market.
Housing Prices in College Park, AL
How much do homes in College Park, AL cost?
Median Sold Price
$365,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in College Park was $365,500 in March 2024, up 1.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $120K | +14.3% |
2 Bedrooms | $209.4K | $229.9K | +9.8% |
3 Bedrooms | $415K | $312K | -24.8% |
4 Bedrooms | $577.5K | $451.5K | -21.8% |
5+ Bedrooms | $577K | $645.1K | +11.8% |
Summary: College Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Neighborhoods
Parkhill | $292.5K | $330.5K | +13.0% |
College Park | $360K | $365.5K | +1.5% |
Housing Supply in College Park, AL
How many homes are available in College Park, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 38 | +35.7% |
Summary: The College Park real estate market had 38 homes for sale in March 2024, a 35.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 18 | +28.6% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 4 | 9 | +125.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The College Park 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 28.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in College Park in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for College Park, AL
We’re sorry, we don't have information for this market at the moment