The housing market in Adamsville continues to see strong price appreciation, with values up 62.3% compared to last year. Home prices have increased 27.1% in the past month alone. With 4.3 months of supply, Adamsville's inventory levels remain relatively tight. Homes are taking about 39 days to sell, which is -14 days longer than this time last year. A significant 47.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 25.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Adamsville market with the affordability index at 363.7. Based on current market indicators, home prices in Adamsville are projected to decrease by approximately 15.4% over the next month.
Adamsville, AL has a total population of 4,116 residents. White residents make up 49.2% of the population, African American residents comprise 49.4% of the community. This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in Adamsville, AL.
Crime analysis for Adamsville, AL shows 82 total incidents across all categories. The most prevalent crime type is Property Crime (93.9% of all incidents). This is followed by Assault at 4.9%. The crime rate in Adamsville, AL is very low, with violent crimes being more common than property crimes. This suggests Adamsville, AL is generally a safe area for residents and visitors.
Market predictions for Adamsville, AL show an upward trend in home prices, with values increasing by 9.2%. This indicates a moderate but notable price trend. The current median home price in Adamsville, AL is approximately $184,367.695. Based on current trends, home prices in Adamsville, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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