Is Talladega, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Talladega is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Talladega was a Seller's Market.

Key Takeaway

Talladega is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Talladega, AL cost?

Median Sold Price

$139,000

$84/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$3,500(-2.5%)

Key Takeaway

Homes in Talladega have sold for 2.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 $40K$104.5K
+161.3%
3 $172.5K$139K
-19.4%
4 -$235K
N/A
5+ $439K-
N/A

Median Sold Price Compared To Nearby Cities

Talladega
-2.5%
Alpine
-35.5%

How many homes are available in Talladega, AL?

Number of Homes For Sale

Sep 2022Oct 2022%
4653+15.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 75
-28.6%
3 3134
+9.7%
4 511
+120.0%
5+ 32
-33.3%

Number of Homes Sold

Sep 2022Oct 2022%
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Talladega, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Sep 2022Oct 2022%
61 Days69 Days+12.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Talladega are selling fast, if you're buying plan to act quickly.

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

About Talladega, AL

Number of homes for sale in Talladega, AL real estate market have reached 53. The number of listings in Talladega, AL increased by 15.2% between September 2022 and October 2022. In October 2022 median list price was $139,000 and the average listing age was 69 days. Real estate listing prices changed between October 2021 and October 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 161.3%, the cost of 3 bedrooms properties went down by 19.4%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went down by 28.6%, 3 bedrooms homes became 9.7% more available, 4 bedrooms homes inventory increased by 120%, 5 bedrooms homes became 33.3% less available. Over 3 listings were sold over their listed price in October 2022 in Talladega, AL. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price.

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