The present housing market in Hueytown is down with high active listings and low sales volume. Home prices have increased 24.7% in the past month alone. With 6.1 months of supply, Hueytown's inventory levels remain relatively tight. Homes are now taking an average of 109 days to sell, significantly longer than the 49 days typical for this market. Approximately 35.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Hueytown market with the affordability index at 119.4. Based on current market indicators, home prices in Hueytown are projected to decrease by approximately 12.7% over the next month.
Hueytown, AL has a total population of 15,701 residents. The area is predominantly White (56.7%), African American residents comprise 38.5% of the community. This creates a relatively diverse demographic makeup for the area. As a smaller community, Hueytown, AL offers a close-knit residential environment.
Crime analysis for Hueytown, AL shows 108 total incidents across all categories. The most prevalent crime type is Property Crime (53.7% of all incidents). This is followed by Assault at 25.9%. The crime rate in Hueytown, AL is relatively low, with violent crimes being more common than property crimes. This suggests Hueytown, AL is generally a safe area for residents and visitors.
Market predictions for Hueytown, AL show an upward trend in home prices, with values increasing by 8.2%. This indicates a moderate but notable price trend. The current median home price in Hueytown, AL is approximately $200,188.556. Based on current trends, home prices in Hueytown, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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