Is Titus, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Titus was a Seller's Market.
Housing Prices in Titus, AL
How much do homes in Titus, AL cost?
Median Sold Price
$300,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Titus was $300,000 in May 2024, up 2.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $95K | N/A |
2 Bedrooms | $325K | $399.9K | +23.0% |
3 Bedrooms | $264K | $290K | +9.8% |
4 Bedrooms | $390K | $415K | +6.4% |
5+ Bedrooms | $250K | $280K | +12.0% |
Summary: Titus 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 23%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 12%.
Housing Supply in Titus, AL
How many homes are available in Titus, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Titus real estate market had 17 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 | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Titus 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Titus in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Titus, AL
How long does it take to sell a home in Titus, AL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 72 Days | +9.9% |
Summary: Homes in Titus had an average of 72 days on market in May 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Titus; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.