#21408148, Jill Williams, Listing Office: Keller Williams Trussville
Palmerdale Housing Market Report January 2025•Jefferson County, Alabama
Housing Prices in Palmerdale, AL
How much do homes in Palmerdale, AL cost?
Housing Market Conditions
Is Palmerdale, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Palmerdale is a Neutral Market
Difference Since December 2024
Last month, Palmerdale has remained a Neutral Market.
Palmerdale 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
Based on all homes sold in January 2025
Homes in Palmerdale have sold for 31.5% less than they did a month ago.
Summary: The median home sold price in Palmerdale was $226,000 in January 2025, down 31.5% from last month, and the median price per square foot was $155.
Median Sold Price By City
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Remlap | $75K | $312.5K | +316.1% |
Clay | $220K | $273K | +24.1% |
Kimberly-Morris | $279.9K | $320.4K | +14.5% |
Pinson | $249.9K | $219K | -12.4% |
Palmerdale | $329.9K | $226K | -31.5% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | - | $323K | N/A |
44 Bedrooms | $333K | $160K | -52.0% |
55+ Bedrooms | $329.9K | - | N/A |
Summary: Palmerdale 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 did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -52.0%. The home price for 5 bedroom homes did not change.
Housing supply in Palmerdale, AL
How many homes are available in Palmerdale, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthJan 2025 | ||
212 months agoDec 2024 | -4.8 % Change MoMDec – Jan |
Summary: The Palmerdale real estate market had 20 homes for sale in Jan 2025, a 4.8 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthJan 2025 | ||
32 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 0 | 0.0% |
33 Bedrooms | 9 | 10 | +11.1% |
44 Bedrooms | 7 | 6 | -14.3% |
55+ Bedrooms | 5 | 4 | -20.0% |
Summary: Palmerdale 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 remained the same. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in Palmerdale, AL cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Palmerdale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Palmerdale in January 2025, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for Palmerdale, AL
How long does it take to sell a home in Palmerdale, AL?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in Palmerdale has remained consistent over time.
Summary: During January 2025, 3 homes were sold in Palmerdale; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
77 DaysLast MonthJan 2025 | ||
183 Days1 month agoDec 2024 | -57.6 % Change MoMDec – Jan |
Summary: Homes in Palmerdale had an average listing age of 77 days in Jan 2025, down by 57.6% compared to the previous month.
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Newest Listings in Palmerdale, AL
What homes are available in Palmerdale, AL?
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, and Montgomery Area Association of Realtors MLS for the period 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:20:55 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: 2/1/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.