Housing Prices in Spring Lake, AL

How much do homes in Spring Lake, AL cost?

Median List Price

$126,750

$86/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$5,550(-4.2%)

Key Takeaway

The list price of homes in Spring Lake has decreased by 4.2% since March.

Summary: The median home list price in Spring Lake was $126,750 in April 2024, down 4.2% from the previous month, and the median price per square foot was $86.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $119.9K$119.9K
0.0%
3 $134.7K$129.9K
-3.6%
4 $148.5K$125K
-15.8%
5+ -$128.5K
N/A

Summary: Spring Lake housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Killough Springs
+0.6%
Huffman
0.0%
Spring Lake
-4.2%

Housing Supply in Spring Lake, AL

How many homes are available in Spring Lake, AL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1218+50.0%

Summary: The Spring Lake real estate market had 18 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 913
+44.4%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Spring 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 remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Days on Market for Spring Lake, AL

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

Average Listing Age

Mar 2024Apr 2024CHANGE
50 Days54 Days+7.4%

Summary: Homes in Spring Lake had an average listing age of 54 days in Apr 2024, up by 7.4% compared to the previous month.

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

Report Updated 15 Days Ago

Newest Listings in Spring Lake, AL

Nearby Markets to Spring Lake, AL