With only 1.0 months of inventory, Abanda remains a seller's market. The median home price in Abanda currently stands at $55,000. At the current pace, all available homes in Abanda would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 23 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Abanda market with the affordability index at 2135.9. Based on current market indicators, home prices in Abanda are projected to decrease by approximately 30.0% over the next month.
Abanda, AL has a total population of 192 residents. The area is predominantly White (76.0%), African American residents comprise 24.0% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Abanda, AL.
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