Explore Abbeville, AL - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The housing market in Abbeville continues to see strong price appreciation, with values up 258.0% compared to last year. Home prices have decreased 59.3% in the past month. At the current pace, all available homes in Abbeville would sell out in just 1.5 months, indicating a continued supply shortage. Homes are now taking an average of 90 days to sell, significantly longer than the 16 days typical for this market. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Abbeville market with the affordability index at 169.8. Based on current market indicators, home prices in Abbeville are projected to increase by approximately 13.7% over the next month.
Demographics market for - Abbeville, AL
Total Population -
2,618
White Population
54%
Black Population
40%
Crime for - Abbeville, AL
Real Estate Market Prediction for - Abbeville, AL
City Hotspots
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