$189,000
2,042 SqFt
4 Beds
•2 Full Baths
Christy Parker, Listing Office: RE/MAX Town & Lake Realty
October 2024
Report Updated 4 Days Ago
Is Tallassee, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Tallassee has remained a Seller's Market.
How much do homes in Tallassee, AL cost?
$199,900
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Tallassee was $199,900 in October 2024, up 3.8% from last year, and the median price per square foot was $117.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $90K | $114.9K | +27.7% |
3 Bedrooms | $173.4K | $202K | +16.5% |
4 Bedrooms | $310K | $325K | +4.8% |
5+ Bedrooms | $475K | $317.4K | -33.2% |
Summary: Tallassee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.7%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 33.2%.
Tallassee | $192.6K | $199.9K | +3.8% |
Tallassee | $192.6K | $199.9K | +3.8% |
How many homes are available in Tallassee, AL?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
42 | 35 | -16.7% |
Summary: The Tallassee real estate market had 35 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 25 | 20 | -20.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Tallassee housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Tallassee in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in Tallassee, AL?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
62 Days | 62 Days | -0.5% |
Summary: Homes in Tallassee had an average of 62 days on market in Oct 2024, down by 0.5% compared to last year.
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During October 2024, 8 homes were sold in Tallassee; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 4 Days Ago
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MLS Disclaimers and Copyright
Based on information from Montgomery Area Association of Realtors MLS, and Greater Alabama MLS for the period 11/01/2022 - 11/01/2024
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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