Is Enterprise, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2022
Since last year, Enterprise has remained a Seller's Market.
Key Takeaway
Enterprise is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Enterprise, AL cost?
Median Sold Price
$218,666
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2022
+$19,086(+9.6%)
Key Takeaway
Homes in Enterprise have sold for 9.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2022 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | $14K | - | N/A |
| 2 Bedrooms | $110K | $135.5K | +23.2% |
| 3 Bedrooms | $178.8K | $204.2K | +14.2% |
| 4 Bedrooms | $285K | $320K | +12.3% |
| 5+ Bedrooms | $342.5K | $372.4K | +8.7% |
How many homes are available in Enterprise, AL?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 188 | 199 | +5.9% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 77 | 82 | +6.5% |
| 4 Bedrooms | 81 | 86 | +6.2% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 44 | 45 | +2.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enterprise, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Average Sale Time
| Apr 2022 | Apr 2023 | % |
|---|---|---|
| 47 Days | 63 Days | +33.6% |
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Enterprise has remained consistent over time.
Listing Information Copyright 2023 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 