Peterman Housing Market Report March 2025•Monroe County, Alabama

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Housing Prices in Peterman, AL

How much do homes in Peterman, AL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$206,900$160/SqFt
+$40,450
+24.3%

Based on all homes listed in March 2025

Insight

The list price of homes in Peterman has increased by 24.3% since February.

Summary: The median home list price in Peterman was $206,900 in March 2025, up 24.3% from the previous month, and the median price per square foot was $160.

Median List Price By Cities

Median List 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 MoM
Peterman
+24.3%
Franklin
0.0%
Lyeffion
0.0%

Median List Price By Bedrooms

Median List 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 2025Mar 2025Change MoM
1--
N/A
2--
N/A
3$126K$288K
+128.6%
4$206.9K$206.9K
0.0%
5--
N/A

Summary: Peterman housing price by bedroom type for March 2025, 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 +128.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Peterman, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Peterman, AL

Housing supply in Peterman, AL

How many homes are available in Peterman, 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
3Last MonthMar 2025
22 months agoFeb 2025
+50.0 %
Change MoMFeb – Mar

Summary: The Peterman real estate market had 3 homes for sale in Mar 2025, a 50.0 % increase compared to Feb 2025.

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.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
200
0.0%
312
+100.0%
411
0.0%
500
0.0%

Summary: Peterman housing inventory by bedroom type for March 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 +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Peterman, 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 Price0 Home

Insight

If you're buying a home in Peterman, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Peterman in March 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Peterman, AL

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
64 DaysLast MonthMar 2025
65 Days1 month agoFeb 2025
-1.6 %
Change MoMFeb – Mar

Summary: Homes in Peterman had an average listing age of 64 days in Mar 2025, down by 1.6% compared to the previous month.

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Newest Listings in Peterman, AL

What homes are available in Peterman, AL?

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Nearby markets

Nearby markets aren't available for Peterman, AL

Popular Cities with Homes for Sale in Alabama

MLS Disclaimers and Copyright

Based on information from Baldwin County MLS Inc., for the period 02/01/2025 - 04/01/2025

IDX Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX 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. 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: 4/29/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.