Ider's real estate market is experiencing a price correction, with values down 63.2% from last year. Home prices have decreased 59.3% in the past month. With 3 active listings, inventory is 200% higher than seasonal norms. Homes are now taking an average of 105 days to sell, significantly longer than the 66 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 Ider market with the affordability index at 642.7. Based on current market indicators, home prices in Ider are projected to increase by approximately 5.3% over the next month.
Ider, AL has a total population of 566 residents. The area is predominantly White (100.0%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Ider, AL.
Crime analysis for Ider, AL shows 8 total incidents across all categories. The most prevalent crime type is Assault (62.5% of all incidents). This is followed by Property Crime at 37.5%. The crime rate in Ider, AL is very low, with violent crimes being more common than property crimes. This suggests Ider, AL is generally a safe area for residents and visitors.
Market predictions for Ider, AL show relatively stable home prices with minimal change (-1.5%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Ider, AL is approximately $60,116.788. The stable price trend suggests a balanced market in Ider, AL, suitable for both buyers and sellers.
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