Housing Prices in Springville, AL

How much do homes in Springville, AL cost?

Median List Price

$325,000

$169/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$115,000(-26.1%)

Key Takeaway

The list price of homes in Springville has decreased by 26.1% since last year.

Summary: The median home list price in Springville was $325,000 in March 2024, down 26.1% from the previous year, and the median price per square foot was $169.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$419.9K
N/A
3 $310K$299.9K
-3.3%
4 $430K$325K
-24.4%
5+ $597.3K$411.9K
-31.1%

Summary: Springville 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 decreased by 3.3%, 4 bedroom homes decreased by 24.4%, and 5+ bedroom homes decreased by 31.1%.

Median List Price Compared To Nearby Cities

Odenville
+9.1%
Springville
-26.1%

Housing Supply in Springville, AL

How many homes are available in Springville, AL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3140+29.0%

Summary: The Springville real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1318
+38.5%
4 1013
+30.0%
5+ 78
+14.3%

Summary: The Springville 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 38.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 14.3%.

Days on Market for Springville, AL

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

Average Listing Age

Mar 2023Mar 2024CHANGE
356 Days132 Days-62.9%

Summary: Homes in Springville had an average listing age of 132 days in Mar 2024, down by 62.9% compared to the previous year.

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

Report Updated 26 Days Ago

Newest Listings in Springville, AL

Nearby Markets to Springville, AL

What housing markets are near Springville, AL?