Is Clanton, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clanton has remained a Seller's Market.
Key Takeaway
Clanton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clanton, AL
How much do homes in Clanton, AL cost?
Median Sold Price
$248,750
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clanton have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Clanton was $248,750 in April 2024, up 2.1% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $139.9K | $145K | +3.6% |
| 3 Bedrooms | $278K | $229.9K | -17.3% |
| 4 Bedrooms | $225K | $299.9K | +33.3% |
| 5+ Bedrooms | $485K | - | N/A |
Summary: Clanton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 17.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes did not change.
Housing Supply in Clanton, AL
How many homes are available in Clanton, AL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 44 | +69.2% |
Summary: The Clanton real estate market had 44 homes for sale in April 2024, a 69.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 13 | 22 | +69.2% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Clanton housing inventory by bedroom type for April 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 69.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 9 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clanton, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Clanton in April 2024, up by 100.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Clanton, AL
How long does it take to sell a home in Clanton, AL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 78 Days | 48 Days | -37.6% |
Summary: Homes in Clanton had an average of 48 days on market in Apr 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clanton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Clanton; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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