Is Valley Grande, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Valley Grande was a Seller's Market.
Key Takeaway
Valley Grande is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Valley Grande, AL
How much do homes in Valley Grande, AL cost?
Median Sold Price
$170,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Valley Grande have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Valley Grande was $170,000 in March 2024, up 12.2% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105.2K | $79.7K | -24.2% |
| 3 Bedrooms | $139.7K | $170K | +21.6% |
| 4 Bedrooms | $174K | $219.9K | +26.4% |
| 5+ Bedrooms | $275K | - | N/A |
Summary: Valley Grande 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 decreased by 24.2%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Selma | $95K | $110K | +15.8% |
| Valley Grande | $151.5K | $170K | +12.2% |
Housing Supply in Valley Grande, AL
How many homes are available in Valley Grande, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Valley Grande real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Valley Grande 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Valley Grande, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Valley Grande in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Valley Grande, AL
How long does it take to sell a home in Valley Grande, AL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 95 Days | +139.9% |
Summary: Homes in Valley Grande had an average of 95 days on market in Mar 2024, up by 139.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Valley Grande are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Valley Grande; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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