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Sterrett Housing Market Report December 2024•Shelby County, Alabama
Housing Prices in Sterrett, AL
How much do homes in Sterrett, AL cost?
Housing Market Conditions
Is Sterrett, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sterrett is a Neutral Market
Difference Since November 2024
Last month, Sterrett was a Seller's Market.
Sterrett 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 December 2024
Homes in Sterrett have sold for 6.2% more than they did a month ago.
Summary: The median home sold price in Sterrett was $318,500 in December 2024, up 6.2% from last month, and the median price per square foot was $181.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Sterrett | $300K | $318.5K | +6.2% |
Chelsea | $375K | $332.5K | -11.3% |
Harpersville | $305.4K | $256.9K | -15.9% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $280K | $242K | -13.6% |
44 Bedrooms | $305K | $395K | +29.5% |
55+ Bedrooms | - | - | N/A |
Summary: Sterrett 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 decreased by -13.6%. The home price for 4 bedroom homes increased by +29.5%. The home price for 5 bedroom homes did not change.
Housing supply in Sterrett, AL
How many homes are available in Sterrett, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
12Last MonthDec 2024 | ||
122 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Sterrett real estate market had 12 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
32 months agoNov 2024 | -33.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 1 | +100.0% |
22 Bedrooms | 0 | 1 | +100.0% |
33 Bedrooms | 6 | 5 | -16.7% |
44 Bedrooms | 4 | 3 | -25.0% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Sterrett housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Sterrett, AL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Sterrett, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sterrett in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Sterrett, AL
How long does it take to sell a home in Sterrett, AL?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in Sterrett are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Sterrett; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
22 DaysLast MonthDec 2024 | ||
7 Days1 month agoNov 2024 | +193.5 % Change MoMNov – Dec |
Summary: Homes in Sterrett had an average listing age of 22 days in Dec 2024, up by 193.5% compared to the previous month.
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Newest Listings in Sterrett, AL
What homes are available in Sterrett, AL?
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.