Housing Prices in South East Lake, AL
How much do homes in South East Lake, AL cost?
Median List Price
$123,950
$98/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in South East Lake has increased by 37.7% since last year.
Summary: The median home list price in South East Lake was $123,950 in April 2024, up 37.7% from the previous year, and the median price per square foot was $98.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $53K | $115K | +117.0% |
| 3 Bedrooms | $110K | $120K | +9.1% |
| 4 Bedrooms | $212K | $195.3K | -7.8% |
| 5+ Bedrooms | - | $252.5K | N/A |
Summary: South East Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 117%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Wahouma | $53.5K | $122K | +128.0% |
| South East Lake | $90K | $123.9K | +37.7% |
Housing Supply in South East Lake, AL
How many homes are available in South East Lake, AL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 38 | +81.0% |
Summary: The South East Lake real estate market had 38 homes for sale in April 2024, a 81.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 16 | 27 | +68.8% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The South East Lake housing inventory by bedroom type for April 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 increased by 68.8%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 100%.
Days on Market for South East Lake, AL
How long does it take to sell a home in South East Lake, AL?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 309 Days | 69 Days | -77.7% |
Summary: Homes in South East Lake had an average listing age of 69 days in Apr 2024, down by 77.7% compared to the previous year.
