Is Brewton, 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, Brewton has remained a Seller's Market.
Key Takeaway
Brewton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brewton, AL
How much do homes in Brewton, AL cost?
Median Sold Price
$180,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brewton have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Brewton was $180,000 in May 2024, up 7.1% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $83K | $168.5K | +103.0% |
| 3 Bedrooms | $159K | $155.5K | -2.2% |
| 4 Bedrooms | $213.7K | $238K | +11.3% |
| 5+ Bedrooms | $255.5K | $349K | +36.6% |
Summary: Brewton 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 increased by 103%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 36.6%.
Housing Supply in Brewton, AL
How many homes are available in Brewton, AL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The Brewton real estate market had 41 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Brewton 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 40%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brewton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Brewton in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Brewton, 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.