With only 1.0 months of inventory, Fairview remains a seller's market. Home prices have increased 12.1% in the past month alone. At the current pace, all available homes in Fairview would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 97 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 Fairview market with the affordability index at 2441.3. Based on current market indicators, home prices in Fairview are projected to decrease by approximately 4.6% over the next month.
Fairview, AL has a total population of 768 residents. The area is predominantly White (73.3%), with Asian residents representing 6.4%. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Fairview, AL.
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