The housing market in Holt continues to see strong price appreciation, with values up 34.7% compared to last year. Home prices have increased 292.7% in the past month alone. With 9.0 months of supply, Holt's inventory levels remain relatively tight. Homes are now taking an average of 215 days to sell, significantly longer than the 32 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Holt market with the affordability index at 406.3. Based on current market indicators, home prices in Holt are projected to increase by approximately 7.8% over the next month.
Holt, AL has a total population of 6,838 residents. White residents make up 32.4% of the population, with a significant Hispanic/Latino community (20.4%). African American residents comprise 23.9% of the community. This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in Holt, AL.
Market predictions for Holt, AL show relatively stable home prices with minimal change (-0.1%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Holt, AL is approximately $174,482.878. The stable price trend suggests a balanced market in Holt, AL, suitable for both buyers and sellers.
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