#21408117, Norma Phillips-Brooks, Listing Office: Keller Williams Realty Vestavia
Spring Lake Housing Market Report January 2025•Jefferson County, Alabama
Housing Prices in Spring Lake, AL
How much do homes in Spring Lake, AL cost?
Housing Market Conditions
Is Spring Lake, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Spring Lake is a Seller's Market
Difference Since December 2024
Last month, Spring Lake has remained a Seller's Market.
Spring Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in Spring Lake have sold for 98.8% more than they did a month ago.
Summary: The median home sold price in Spring Lake was $237,450 in January 2025, up 98.8% from last month, and the median price per square foot was $131.
Median Sold Price By City
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Huffman | $80.7K | $207.5K | +157.0% |
Spring Lake | $119.4K | $237.4K | +98.8% |
Killough Springs | $109.6K | $157.5K | +43.6% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $119.4K | $239.9K | +100.8% |
44 Bedrooms | - | $219.9K | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Spring Lake 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 increased by +100.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Spring Lake, AL
How many homes are available in Spring Lake, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthJan 2025 | ||
252 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Spring Lake real estate market had 25 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
62 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 | 1 | 1 | 0.0% |
33 Bedrooms | 20 | 19 | -5.0% |
44 Bedrooms | 4 | 5 | +25.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Spring Lake 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 decreased by -5.0%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Spring Lake, AL cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price2 Homes
If you're buying a home in Spring Lake, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Spring Lake in January 2025, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and and 17% were sold over asking.
Days on Market for Spring Lake, AL
How long does it take to sell a home in Spring Lake, AL?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Many homes in Spring Lake are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 6 homes were sold in Spring Lake; 50% of homes were sold within 30 days, 17% 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 |
---|---|---|
71 DaysLast MonthJan 2025 | ||
91 Days1 month agoDec 2024 | -21.8 % Change MoMDec – Jan |
Summary: Homes in Spring Lake had an average listing age of 71 days in Jan 2025, down by 21.8% compared to the previous month.
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Newest Listings in Spring Lake, AL
What homes are available in Spring Lake, AL?
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MLS Disclaimers and Copyright
Based on information from Greater Alabama 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, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.