Long Island Housing Market Report January 2025Jackson County, Alabama

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Housing Prices in Long Island, AL

How much do homes in Long Island, AL cost?

Housing Market Conditions

Is Long Island, 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

Long Island is a Buyer's Market

Difference Since December 2024

Last month, Long Island was a Neutral Market.

Insight

Long Island 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.
$160,000$120/SqFt
-$39,900
-20.0%

Based on all homes sold in January 2025

Insight

Homes in Long Island have sold for 20% less than they did a month ago.

Summary: The median home sold price in Long Island was $160,000 in January 2025, down 20% from last month, and the median price per square foot was $120.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Sand Mountain
+53.8%
Bryant
-20.0%
Long Island
-20.0%

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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$199.9K$65K
-67.5%
3$300K-
N/A
4-$255K
N/A
5--
N/A

Summary: Long Island housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -67.5%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Long Island, AL

How many homes are available in Long Island, 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
23Last MonthJan 2025
212 months agoDec 2024
+9.5 %
Change MoMDec – Jan

Summary: The Long Island real estate market had 23 homes for sale in Jan 2025, a 9.5 % increase compared to Dec 2024.

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
2Last MonthJan 2025
32 months agoDec 2024
-33.3 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
111
0.0%
256
+20.0%
377
0.0%
511
0.0%
478
+14.3%

Summary: Long Island housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +14.3%.

Asking Price vs. Sold Price

How much do homes in Long Island, 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 Price1 Home

Under Asking Price1 Home

Insight

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

Summary: A total of 2 homes were sold or pending in Long Island in January 2025, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Long Island, AL

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

Newest Listings in Long Island, AL

What homes are available in Long Island, AL?

Nearby markets

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Last updated on: 2/22/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.