Hayden's real estate market is experiencing a price correction, with values down 73.7% from last year. Home prices have decreased 49.0% in the past month. With 6.0 months of supply, Hayden's inventory levels remain relatively tight. Homes are now taking an average of 279 days to sell, significantly longer than the 59 days typical for this market. A significant 50.0% 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 Hayden market with the affordability index at 427.1. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
Hayden, AL has a total population of 1,522 residents. The area is predominantly White (95.6%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Hayden, AL.
Crime analysis for Hayden, AL shows 4 total incidents across all categories. The most prevalent crime type is Assault (75.0% of all incidents). This is followed by Property Crime at 25.0%. The crime rate in Hayden, AL is very low, with violent crimes being more common than property crimes. This suggests Hayden, AL is generally a safe area for residents and visitors.
Market predictions for Hayden, AL show an upward trend in home prices, with values increasing by 7.6%. This indicates a moderate but notable price trend. The current median home price in Hayden, AL is approximately $122,232.783. Based on current trends, home prices in Hayden, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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