Eclectic Housing Market Report February 2025Elmore County, Alabama

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Housing Prices in Eclectic, AL

How much do homes in Eclectic, AL cost?

Housing Market Conditions

Is Eclectic, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Eclectic is a Buyer's Market

Difference Since February 2024

Since last year, Eclectic has remained a Buyer's Market.

Insight

Eclectic is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$272,500$167/SqFt
-$23,200
-7.8%

Based on all homes sold in the last 12 months

Insight

Homes in Eclectic have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in Eclectic was $272,500 in February 2025, down 7.8% from last year, and the median price per square foot was $167.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1-$95K
N/A
2$193.5K$332.4K
+71.8%
3$308.4K$259.2K
-16.0%
4$291.5K$352.6K
+21.0%
5$549K$1.2M
+132.2%

Summary: Eclectic housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +71.8%. The home price for 3 bedroom homes decreased by -16.0%. The home price for 4 bedroom homes increased by +21.0%. The home price for 5 bedroom homes increased by +132.2%.

Housing supply in Eclectic, AL

How many homes are available in Eclectic, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
39Last MonthFeb 2025
352 months agoJan 2025
+11.4 %
Change MoMJan – Feb

Summary: The Eclectic real estate market had 39 homes for sale in Feb 2025, a 11.4 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthFeb 2025
12 months agoJan 2025
+300.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
246
+50.0%
31919
0.0%
489
+12.5%
523
+50.0%
122
0.0%

Summary: Eclectic housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes increased by +50.0%. The inventory for 1 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Eclectic, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price2 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Eclectic, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Eclectic in February 2025, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Eclectic, AL

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Eclectic has remained consistent over time.

Summary: During February 2025, 4 homes were sold in Eclectic; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
80 DaysThis YearFeb 2025
36 Days1 year agoFeb 2024
+123.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Eclectic had an average listing age of 80 days in Feb 2025, up by 123.6% compared to the previous year.

Newest Listings in Eclectic, AL

What homes are available in Eclectic, AL?

Nearby markets

Nearby markets aren't available for Eclectic, AL

MLS Disclaimers and Copyright

Based on information from Lake Martin Area Association of REALTORS® MLS, Montgomery Area Association of Realtors MLS, and Greater Alabama MLS for the period 03/01/2023 - 03/01/2025

IDX Information is deemed to be reliable, but is not guaranteed. © 2025 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 3:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.