The McCalla housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 10.2% in the past month. With 3.5 months of supply, McCalla's inventory levels remain relatively tight. Transaction volume is up 160% compared to what's typically expected this time of year. Approximately 23.1% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the McCalla market with the affordability index at 182.5. Looking ahead, the McCalla market is expected to maintain its current trajectory with relatively stable conditions.
McCalla, AL has a total population of 12,261 residents. The area is predominantly White (69.1%), African American residents comprise 27.9% of the community. The area shows moderate demographic diversity. As a smaller community, McCalla, AL offers a close-knit residential environment.
Market predictions for McCalla, AL show an upward trend in home prices, with values increasing by 6.6%. This indicates a moderate but notable price trend. The current median home price in McCalla, AL is approximately $304,831.071. Based on current trends, home prices in McCalla, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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