The Fyffe housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 18.0% in the past month. With 5.0 months of supply, Fyffe's inventory levels remain relatively tight. Homes are taking about 6 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 Fyffe market with the affordability index at 730.3. Based on current market indicators, home prices in Fyffe are projected to decrease by approximately 10.1% over the next month.
Fyffe, AL has a total population of 1,409 residents. The area is predominantly White (96.9%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Fyffe, AL.
Crime analysis for Fyffe, AL shows 2 total incidents across all categories. The most prevalent crime type is Assault (50.0% of all incidents). This is followed by Property Crime at 50.0%. The crime rate in Fyffe, AL is very low, with violent crimes being more common than property crimes. This suggests Fyffe, AL is generally a safe area for residents and visitors.
Market predictions for Fyffe, AL show an upward trend in home prices, with values increasing by 9.5%. This indicates a moderate but notable price trend. The current median home price in Fyffe, AL is approximately $152,531.907. Based on current trends, home prices in Fyffe, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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