Is Escambia County, 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, Escambia County was a Seller's Market.
Housing Prices in Escambia County, AL
How much do homes in Escambia County, AL cost?
Median Sold Price
$178,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Escambia County was $178,000 in March 2024, up 1.7% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | - | N/A |
2 Bedrooms | $112.5K | $109K | -3.1% |
3 Bedrooms | $164.9K | $175K | +6.1% |
4 Bedrooms | $206.4K | $226.5K | +9.7% |
5+ Bedrooms | $330K | $345K | +4.5% |
Summary: Escambia County 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 decreased by 3.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
Escambia County | $175K | $178K | +1.7% |
Santa Rosa County | $389.9K | $388.3K | -0.4% |
Housing Supply in Escambia County, AL
How many homes are available in Escambia County, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 105 | +16.7% |
Summary: The Escambia County real estate market had 105 homes for sale in March 2024, a 16.7% increase 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 | 10 | 16 | +60.0% |
3 Bedrooms | 57 | 58 | +1.8% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 3 | 8 | +166.7% |
Summary: The Escambia County 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 60%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 166.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Escambia County in March 2024, up by 12.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.
Days on Market for Escambia County, AL
We’re sorry, we don't have information for this market at the moment