Blountsville's real estate market is experiencing a price correction, with values down 26.9% from last year. Home prices have increased 281.0% in the past month alone. At the current pace, all available homes in Blountsville would sell out in just 1.5 months, indicating a continued supply shortage. Properties are selling within just 48 days on average, much faster than the historical norm of 103 days. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Blountsville market with the affordability index at 896.6. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Blountsville, AL has a total population of 2,542 residents. The area is predominantly White (69.3%), Hispanic/Latino residents represent 14.2% of the population. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Blountsville, AL.
Crime analysis for Blountsville, AL shows 14 total incidents across all categories. The most prevalent crime type is Assault (57.1% of all incidents). This is followed by Property Crime at 35.7%. The crime rate in Blountsville, AL is very low, with violent crimes being more common than property crimes. This suggests Blountsville, AL is generally a safe area for residents and visitors.
Market predictions for Blountsville, AL show relatively stable home prices with minimal change (-0.1%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Blountsville, AL is approximately $207,311.733. The stable price trend suggests a balanced market in Blountsville, AL, suitable for both buyers and sellers.
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