With only 2.6 months of inventory, Deatsville remains a seller's market. Home prices have increased 12.3% in the past month alone. With 13 active listings, inventory is 225% higher than seasonal norms. Properties are selling within just 35 days on average, much faster than the historical norm of 181 days. A significant 30.8% 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 Deatsville market with the affordability index at 1724.3. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Deatsville, AL has a total population of 1,921 residents. The area is predominantly White (73.2%), African American residents comprise 23.0% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Deatsville, AL.
Market predictions for Deatsville, AL show relatively stable home prices with minimal change (-1.1%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Deatsville, AL is approximately $298,328.531. The stable price trend suggests a balanced market in Deatsville, AL, suitable for both buyers and sellers.
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