2 days on Rocket
$1,008 Closing Credit¹
#167637, LARRY HUMBER, Listing Office: THE PRATER COMPANY
Fayette Housing Market Report February 2025•Fayette County, Alabama
Housing Prices in Fayette, AL
How much do homes in Fayette, AL cost?
Housing Market Conditions
Is Fayette, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fayette is a Buyer's Market
Difference Since February 2024
At the same time last year, Fayette was a Seller's Market.
Insight
Fayette is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$185,000$92/SqFt
+$40,000
+27.6%
Based on all homes sold in the last 12 months
Insight
Homes in Fayette have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in Fayette was $185,000 in February 2025, up 27.6% from last year, and the median price per square foot was $92.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $73.9K | $85K | +14.9% |
| 33 Bedrooms | $145K | $177.5K | +22.4% |
| 44 Bedrooms | $307.5K | $227.2K | -26.1% |
| 55+ Bedrooms | $460K | $355K | -22.8% |
Summary: Fayette 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 +14.9%. The home price for 3 bedroom homes increased by +22.4%. The home price for 4 bedroom homes decreased by -26.1%. The home price for 5 bedroom homes decreased by -22.8%.
How does Fayette, AL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Fayette, AL
Housing supply in Fayette, AL
How many homes are available in Fayette, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 29Last MonthFeb 2025 | ||
| 322 months agoJan 2025 | -9.4 % Change MoMJan – Feb |
Summary: The Fayette real estate market had 29 homes for sale in Feb 2025, a 9.4 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | -20.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 44 Bedrooms | 7 | 6 | -14.3% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 9 | 8 | -11.1% |
| 33 Bedrooms | 14 | 13 | -7.1% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Fayette housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes decreased by -7.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fayette, AL cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Fayette, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Fayette in February 2025, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Fayette, AL
How long does it take to sell a home in Fayette, AL?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days3 Homes
Insight
Most homes in Fayette are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 4 homes were sold in Fayette; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 239 DaysThis YearFeb 2025 | ||
| 55 Days1 year agoFeb 2024 | +331.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Fayette had an average listing age of 239 days in Feb 2025, up by 331.8% compared to the previous year.
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Newest Listings in Fayette, AL
What homes are available in Fayette, AL?
3 days on Rocket
$950 Closing Credit¹
#25-515, Listing Office: eXp Realty-Northern
$2,255 Closing Credit¹
#167368, Jerry Dodson, Listing Office: THE PRATER COMPANY
$1,686 Closing Credit¹
#166843, Connor Woods, Listing Office: 1ST Class Real Estate Heritage Homes
$404 Closing Credit¹
#166679, Stacy Barnes, Listing Office: Advantage Realty Group
$297 Closing Credit¹
#166652, Ashley Smith, Listing Office: 1ST Class Real Estate Heritage Homes
$238 Closing Credit¹
#166371, Connor Woods, Listing Office: 1ST Class Real Estate Heritage Homes
Video tour
$1,899 Closing Credit¹
#21406215, Christy Posey, Listing Office: Superior Realty Group
$1,722 Closing Credit¹
#166148, Carrie Fitts, Listing Office: Carrie Fitts Real Estate
$1,424 Closing Credit¹
#24-2267, Listing Office: RealtySouth Bungalows
$1,661 Closing Credit¹
#24-2244, Listing Office: eXp Realty-Northern
$3,324 Closing Credit¹
#24-654, Listing Office: Keller Williams Realty-Vestavia
Nearby markets
Nearby markets aren't available for Fayette, AL
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MLS Disclaimers and Copyright
Based on information from West Alabama Multiple Listing Service, Walker Area Multiple Listing Service, and Greater Alabama MLS for the period 03/01/2023 - 03/01/2025
Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 West 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: 3/14/2025, 5:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Walker Area Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Walker Area Association of Realtors 2025. 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: 3/14/2025, 5:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/14/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.