New - 1 day on Rocket
$3,788 Closing Credit¹
Lasandra Tucker, Listing Office: eXp Realty, LLC. - Southern Br
Pike Road Housing Market Report December 2024•Montgomery County, Alabama
Housing Prices in Pike Road, AL
How much do homes in Pike Road, AL cost?
Housing Market Conditions
Is Pike Road, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Pike Road is a Seller's Market
Difference Since December 2023
At the same time last year, Pike Road was a Neutral Market.
Insight
Pike Road is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$368,901$156/SqFt
+$15,401
+4.4%
Based on all homes sold in the last 12 months
Insight
Homes in Pike Road have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Pike Road was $368,901 in December 2024, up 4.4% from last year, and the median price per square foot was $156.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Montgomery | $172.9K | $181.5K | +5.0% |
| Pike Road | $353.5K | $368.9K | +4.4% |
| Mount Meigs | $299.9K | $305K | +1.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $185K | N/A |
| 33 Bedrooms | $324.6K | $310K | -4.5% |
| 44 Bedrooms | $363.7K | $385K | +5.8% |
| 55+ Bedrooms | - | $790K | N/A |
Summary: Pike Road housing price by bedroom type for December 2024, 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 decreased by -4.5%. The home price for 4 bedroom homes increased by +5.8%. The home price for 5 bedroom homes did not change.
Housing supply in Pike Road, AL
How many homes are available in Pike Road, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthDec 2024 | ||
| 132 months agoNov 2024 | +23.1 % Change MoMNov – Dec |
Summary: The Pike Road real estate market had 16 homes for sale in Dec 2024, a 23.1 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 12 months agoNov 2024 | +400.0 % 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 | 5 | 6 | +20.0% |
| 44 Bedrooms | 7 | 9 | +28.6% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Pike Road 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 increased by +20.0%. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Pike Road, AL cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Pike Road, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Pike Road in December 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and and 0% were sold over asking.
Days on Market for Pike Road, AL
How long does it take to sell a home in Pike Road, AL?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Pike Road are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Pike Road; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 19 DaysThis YearDec 2024 | ||
| 66 Days1 year agoDec 2023 | -70.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Pike Road had an average listing age of 19 days in Dec 2024, down by 70.3% compared to the previous year.
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Newest Listings in Pike Road, AL
What homes are available in Pike Road, AL?
New - 2 days on RocketBackup offers
$10,000 Closing Credit¹
Stacy St. Cin, Listing Office: Securance Realty
Backup offers
$5,344 Closing Credit¹
Bonnie McGalliard, Listing Office: Wallace & Moody Realty
$1,888 Closing Credit¹
Tyneshia Hasberry, Listing Office: Berryville Realty LLC.
$3,503 Closing Credit¹
Caroline Motley, Listing Office: Southern Rlty & Prop Mgmt LLC
$3,502 Closing Credit¹
Erica S. Randle Davis, Listing Office: Coldwell Banker N Sloan Realty
$2,838 Closing Credit¹
Alyson D. Calhoon, Listing Office: KW Montgomery
$2,993 Closing Credit¹
LaQuann Heard, Listing Office: KW Montgomery
Alyson Robertson, Listing Office: LocAL Realty Montgomery
Video tour
$7,066 Closing Credit¹
Pete Prescott, Jr, Listing Office: Pete Prescott Realty
Mugs Mullins, Listing Office: First Call Realty of Montg
$3,859 Closing Credit¹
Marian Hollis, Listing Office: Top Tier Realty
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MLS Disclaimers and Copyright
Based on information from Montgomery Area Association of Realtors MLS, for the period 01/01/2023 - 01/01/2025
Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.