Is Hope Hull, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hope Hull was a Seller's Market.
Housing Prices in Hope Hull, AL
How much do homes in Hope Hull, AL cost?
Median Sold Price
$121,425
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hope Hull was $121,425 in April 2024, down 33.1% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | - | N/A |
2 Bedrooms | $225K | $333.5K | +48.2% |
3 Bedrooms | $105K | $95.9K | -8.7% |
4 Bedrooms | $257K | $317K | +23.3% |
5+ Bedrooms | $249.9K | $540K | +116.1% |
Summary: Hope Hull 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 48.2%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 116.1%.
Median Sold Price Compared To Nearby Cities
Hope Hull | $249.9K | $282.5K | +13.0% |
Montgomery | $170.7K | $174.4K | +2.2% |
Hope Hull | $181.4K | $121.4K | -33.1% |
Housing Supply in Hope Hull, AL
How many homes are available in Hope Hull, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Summary: The Hope Hull real estate market had 13 homes for sale in April 2024, a 44.4% 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 | 0 | 0.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hope Hull 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Hope Hull in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hope Hull, AL
How long does it take to sell a home in Hope Hull, AL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 126 Days | +61.5% |
Summary: Homes in Hope Hull had an average of 126 days on market in Apr 2024, up by 61.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Hope Hull; 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.