Housing Prices in Margaret, AL

How much do homes in Margaret, AL cost?

Median List Price

$269,950

$150/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$21,035(-7.2%)

Key Takeaway

The list price of homes in Margaret has decreased by 7.2% since last year.

Summary: The median home list price in Margaret was $269,950 in April 2024, down 7.2% from the previous year, and the median price per square foot was $150.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$192.5K
N/A
3 $273K$254.1K
-6.9%
4 $298.5K$282.4K
-5.4%
5+ $357K$399K
+11.8%

Summary: Margaret 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 did not change, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 11.8%.

Median List Price Compared To Nearby Cities

Odenville
-3.6%
Margaret
-7.2%

Housing Supply in Margaret, AL

How many homes are available in Margaret, AL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2541+64.0%

Summary: The Margaret real estate market had 41 homes for sale in April 2024, a 64.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1121
+90.9%
4 1218
+50.0%
5+ 11
0.0%

Summary: The Margaret 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 90.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Margaret, AL

How long does it take to sell a home in Margaret, AL?

Average Listing Age

Apr 2023Apr 2024CHANGE
202 Days91 Days-54.9%

Summary: Homes in Margaret had an average listing age of 91 days in Apr 2024, down by 54.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Margaret, AL

Nearby Markets to Margaret, AL

What housing markets are near Margaret, AL?