Coffee Springs's real estate market is experiencing a price correction, with values down 9.4% from last year. The median home price in Coffee Springs currently stands at $145,000. With 3.0 months of supply, Coffee Springs's inventory levels remain relatively tight. Homes are now taking an average of 86 days to sell, significantly longer than the 41 days typical for this market. A significant 33.3% 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 Coffee Springs market with the affordability index at 4873.9. Looking ahead, the Coffee Springs market is expected to maintain its current trajectory with relatively stable conditions.
Coffee Springs, AL has a total population of 191 residents. The area is predominantly White (81.7%), African American residents comprise 18.3% of the community. The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Coffee Springs, AL.
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