Holtville's real estate market is experiencing a price correction, with values down 7.5% from last year. Home prices have increased 37.0% in the past month alone. With 26 active listings, inventory is 117% higher than seasonal norms. Homes are now taking an average of 136 days to sell, significantly longer than the 17 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 Holtville market with the affordability index at 448.8. Based on current market indicators, home prices in Holtville are projected to increase by approximately 3.2% over the next month.
Holtville, AL has a total population of 4,476 residents. The area is predominantly White (97.2%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Holtville, AL.
Market predictions for Holtville, AL show relatively stable home prices with minimal change (1.2%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Holtville, AL is approximately $425,826.72. The stable price trend suggests a balanced market in Holtville, AL, suitable for both buyers and sellers.
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