Is Deatsville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Deatsville has remained a Seller's Market.
Key Takeaway
Deatsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deatsville, AL
How much do homes in Deatsville, AL cost?
Median Sold Price
$280,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Deatsville have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Deatsville was $280,000 in March 2024, down 3.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $87.2K | N/A |
| 3 Bedrooms | $243K | $242K | -0.4% |
| 4 Bedrooms | $297.5K | $300K | +0.8% |
| 5+ Bedrooms | $306K | $405K | +32.4% |
Summary: Deatsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 32.4%.
Median Sold Price Compared To Nearby Cities
| Millbrook | $212.5K | $233.5K | +9.9% |
| Deatsville | $290K | $280K | -3.4% |
Housing Supply in Deatsville, AL
How many homes are available in Deatsville, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 64 | 62 | -3.1% |
Summary: The Deatsville real estate market had 62 homes for sale in March 2024, a 3.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 35 | 32 | -8.6% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Deatsville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deatsville, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Deatsville in March 2024, up by 25.0% month-over-month. Of the 20 sold homes, 20% were sold under asking, 70% were sold at asking, and 10% were sold over asking.
Days on Market for Deatsville, AL
How long does it take to sell a home in Deatsville, AL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 92 Days | 57 Days | -38.0% |
Summary: Homes in Deatsville had an average of 57 days on market in Mar 2024, down by 38% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Deatsville has remained consistent over time.
Summary: During March 2024, 20 homes were sold in Deatsville; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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