Is Loxley, 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, Loxley was a Seller's Market.
Housing Prices in Loxley, AL
How much do homes in Loxley, AL cost?
Median Sold Price
$341,579
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Loxley was $341,579 in March 2024, up 4.8% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203K | - | N/A |
2 Bedrooms | $249.9K | $275K | +10.0% |
3 Bedrooms | $255.9K | $268.4K | +4.9% |
4 Bedrooms | $355K | $362.1K | +2.0% |
5+ Bedrooms | $425K | $460K | +8.2% |
Summary: Loxley 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 increased by 10%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in Loxley, AL
How many homes are available in Loxley, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 97 | +7.8% |
Summary: The Loxley real estate market had 97 homes for sale in March 2024, a 7.8% 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 | 13 | 13 | 0.0% |
3 Bedrooms | 32 | 30 | -6.3% |
4 Bedrooms | 40 | 46 | +15.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Loxley 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 decreased by 6.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Loxley in March 2024, up by 27.3% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Loxley, AL
We’re sorry, we don't have information for this market at the moment