$771 Closing Credit*
$64,900
1,200 SqFt
3 Beds
•2 Full Baths
Tiffany Roper, Listing Office: Buy Now Realty
Is Trussville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Trussville was a Buyer's Market.
Key Takeaway
Trussville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trussville, AL
How much do homes in Trussville, AL cost?
Median Sold Price
$439,000
$185/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$77,000(-14.9%)
Key Takeaway
Homes in Trussville have sold for 14.9% less than they did a month ago.
Summary: The median home sold price in Trussville was $439,000 in August 2024, down 14.9% from last month, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $382K | $422.5K | +10.6% |
| 4 Bedrooms | $650K | $432.5K | -33.5% |
| 5+ Bedrooms | - | $515K | N/A |
Summary: Trussville housing prices by bedroom type for August 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 increased by 10.6%, 4 bedroom homes decreased by 33.5%, and 5+ bedroom homes did not change.
Housing Supply in Trussville, AL
How many homes are available in Trussville, AL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 49 | 78 | +59.2% |
Summary: The Trussville real estate market had 78 homes for sale in August 2024, a 59.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 22 | 35 | +59.1% |
| 4 Bedrooms | 15 | 23 | +53.3% |
| 5+ Bedrooms | 12 | 19 | +58.3% |
Summary: The Trussville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 59.1%, 4 bedroom homes increased by 53.3%, and 5+ bedroom homes increased by 58.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 15 | +650.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trussville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Trussville in August 2024, up by 650.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for Trussville, AL
How long does it take to sell a home in Trussville, AL?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 Days | 69 Days | +69.1% |
Summary: Homes in Trussville had an average of 69 days on market in Aug 2024, up by 69.1% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Trussville are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 15 homes were sold in Trussville; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.