New - 2 days on RocketVideo tour
$3,361 Closing Credit¹
Brittany Colston, Listing Office: Keller Williams Metro North
Margaret Housing Market Report December 2024•Saint Clair County, Alabama
Housing Prices in Margaret, AL
How much do homes in Margaret, AL cost?
Housing Market Conditions
Is Margaret, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Margaret is a Neutral Market
Difference Since November 2024
Last month, Margaret was a Seller's Market.
Insight
Margaret is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$251,000$139/SqFt
+$25,000
+11.1%
Based on all homes sold in December 2024
Insight
Homes in Margaret have sold for 11.1% more than they did a month ago.
Summary: The median home sold price in Margaret was $251,000 in December 2024, up 11.1% from last month, and the median price per square foot was $139.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Margaret | $226K | $251K | +11.1% |
| Argo | $264.8K | $293.6K | +10.9% |
| Odenville | $257.5K | $265.2K | +3.0% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $220.5K | $250K | +13.4% |
| 44 Bedrooms | $315K | $252K | -20.0% |
| 55+ Bedrooms | $308.8K | - | N/A |
Summary: Margaret housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +13.4%. The home price for 4 bedroom homes decreased by -20.0%. The home price for 5 bedroom homes did not change.
Housing supply in Margaret, AL
How many homes are available in Margaret, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 41Last MonthDec 2024 | ||
| 442 months agoNov 2024 | -6.8 % Change MoMNov – Dec |
Summary: The Margaret real estate market had 41 homes for sale in Dec 2024, a 6.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 112 months agoNov 2024 | -45.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 27 | 23 | -14.8% |
| 44 Bedrooms | 13 | 14 | +7.7% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Margaret housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -14.8%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Margaret, AL cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Margaret, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Margaret in December 2024, down by 45.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and and 33% were sold over asking.
Days on Market for Margaret, AL
How long does it take to sell a home in Margaret, AL?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Margaret has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Margaret; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 67 DaysLast MonthDec 2024 | ||
| 26 Days1 month agoNov 2024 | +158.1 % Change MoMNov – Dec |
Summary: Homes in Margaret had an average listing age of 67 days in Dec 2024, up by 158.1% compared to the previous month.
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Newest Listings in Margaret, AL
What homes are available in Margaret, AL?
New - 3 days on RocketVideo tour
$3,561 Closing Credit¹
Laurie Burgess, Listing Office: Webb & Company Realty
New - 4 days on Rocket
Terry DeWitt, Listing Office: Lovejoy Realty Inc
New - 5 days on RocketVideo tour
$2,672 Closing Credit¹
Ethan Morgan, Listing Office: Sold South Realty
New - 7 days on RocketVideo tour
$3,384 Closing Credit¹
Julie Luker, Listing Office: Keller Williams Pell City
Video tour
$3,621 Closing Credit¹
Stephanie Moore, Listing Office: RE/MAX Marketplace
Video tour
$3,027 Closing Credit¹
Mellanie Wright, Listing Office: DHI Realty of Alabama
Video tour
$2,734 Closing Credit¹
Porshe Smiley, Listing Office: Dalton Wade Inc
Video tour
$4,026 Closing Credit¹
Sarah Walker, Listing Office: LAH Sotheby's International Re
Video tour
$2,552 Closing Credit¹
Isabella Frazier, Listing Office: Trelora Realty Inc
Video tour
$2,838 Closing Credit¹
Brent Gulledge, Listing Office: EXIT Realty Crossroads
Backup offersVideo tour
$2,613 Closing Credit¹
Taylor DeGeorge, Listing Office: EXIT Realty Crossroads
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, for the period 11/01/2024 - 01/01/2025
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: 1/21/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.