With only 2.0 months of inventory, Crossville remains a seller's market. Home prices have decreased 33.2% in the past month. With 2.0 months of supply, Crossville's inventory levels remain relatively tight. Homes are taking about 3 days to sell, which is NaN days longer than this time last year. A significant 100.0% 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 Crossville market with the affordability index at 716.8. Based on current market indicators, home prices in Crossville are projected to increase by approximately 6.2% over the next month.
Crossville, AL has a total population of 1,698 residents. The area is predominantly White (89.6%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Crossville, AL.
Crime analysis for Crossville, AL shows 1 total incidents across all categories. The most prevalent crime type is Assault (100.0% of all incidents). The crime rate in Crossville, AL is very low, with violent crimes being more common than property crimes. This suggests Crossville, AL is generally a safe area for residents and visitors.
Market predictions for Crossville, AL show an upward trend in home prices, with values increasing by 2.8%. This suggests a gradual price adjustment in the market. The current median home price in Crossville, AL is approximately $163,766.132. The stable price trend suggests a balanced market in Crossville, AL, suitable for both buyers and sellers.
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