Is Parkhill, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Parkhill was a Neutral Market.
Housing Prices in Parkhill, AL
How much do homes in Parkhill, AL cost?
Median Sold Price
$290,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Parkhill was $290,000 in February 2024, down 6.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $164K | +9.3% |
3 Bedrooms | $295.1K | $227.5K | -22.9% |
4 Bedrooms | $557K | $511.2K | -8.2% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: Parkhill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.
Housing Supply in Parkhill, AL
How many homes are available in Parkhill, AL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 29 | +16.0% |
Summary: The Parkhill real estate market had 29 homes for sale in February 2024, a 16.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Parkhill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Parkhill in February 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Parkhill, AL
We’re sorry, we don't have information for this market at the moment