Housing Prices in Margaret, AL

How much do homes in Margaret, AL cost?

Median List Price

$279,900

$147/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$25,920(+10.2%)

Key Takeaway

The list price of homes in Margaret has increased by 10.2% since last year.

Summary: The median home list price in Margaret was $279,900 in March 2024, up 10.2% from the previous year, and the median price per square foot was $147.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $239.5K$274.9K
+14.8%
4 $286.9K$285K
-0.7%
5+ $315K$314.9K
0%

Summary: Margaret 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 increased by 14.8%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Margaret
+10.2%
Odenville
+9.1%

Housing Supply in Margaret, AL

How many homes are available in Margaret, AL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2431+29.2%

Summary: The Margaret real estate market had 31 homes for sale in March 2024, a 29.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 913
+44.4%
4 1517
+13.3%
5+ 01
+100.0%

Summary: The Margaret 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 increased by 44.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 100%.

Days on Market for Margaret, AL

How long does it take to sell a home in Margaret, AL?

Average Listing Age

Mar 2023Mar 2024CHANGE
642 Days173 Days-73.0%

Summary: Homes in Margaret had an average listing age of 173 days in Mar 2024, down by 73% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Margaret, AL

Nearby Markets to Margaret, AL

What housing markets are near Margaret, AL?