Is Atmore, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Atmore has remained a Seller's Market.
Key Takeaway
Atmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Atmore, AL
How much do homes in Atmore, AL cost?
Median Sold Price
$183,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Atmore has remained the same since last year.
Summary: The median home sold price in Atmore was $183,000 in May 2024, up 0.1% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $134.9K | $98K | -27.4% |
| 3 Bedrooms | $179.5K | $189K | +5.3% |
| 4 Bedrooms | $198.1K | $233.9K | +18.1% |
| 5+ Bedrooms | $389K | $397.5K | +2.2% |
Summary: Atmore housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in Atmore, AL
How many homes are available in Atmore, AL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 59 | 55 | -6.8% |
Summary: The Atmore real estate market had 55 homes for sale in May 2024, a 6.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 38 | 33 | -13.2% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Atmore housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 14 | +180.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atmore, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Atmore in May 2024, up by 180.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% were sold over asking.
Days on Market for Atmore, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.