With only 0.7 months of inventory, Coker remains a seller's market. Home prices have increased 15.4% in the past month alone. At the current pace, all available homes in Coker would sell out in just 0.7 months, indicating a continued supply shortage. Homes are taking about 78 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 Coker market with the affordability index at 2459.0. Based on current market indicators, home prices in Coker are projected to decrease by approximately 7.6% over the next month.
Coker, AL has a total population of 934 residents. The area is predominantly White (99.1%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Coker, AL.
Market predictions for Coker, AL show an upward trend in home prices, with values increasing by 4.5%. This suggests a gradual price adjustment in the market. The current median home price in Coker, AL is approximately $289,692.764. The stable price trend suggests a balanced market in Coker, AL, suitable for both buyers and sellers.
Investment hotspot data for Coker, AL is currently unavailable.
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