The present housing market in Moulton is down with high active listings and low sales volume. Home prices have decreased 8.9% in the past month. With 5.5 months of supply, Moulton's inventory levels remain relatively tight. Homes are now taking an average of 102 days to sell, significantly longer than the 8 days typical for this market. A significant 27.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Moulton market with the affordability index at 373.0. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
Moulton, AL has a total population of 3,094 residents. The area is predominantly White (82.0%), African American residents comprise 17.6% of the community. The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Moulton, AL.
Crime analysis for Moulton, AL shows 63 total incidents across all categories. The most prevalent crime type is Property Crime (52.4% of all incidents). This is followed by Assault at 36.5%. The crime rate in Moulton, AL is very low, with violent crimes being more common than property crimes. This suggests Moulton, AL is generally a safe area for residents and visitors.
Market predictions for Moulton, AL show an upward trend in home prices, with values increasing by 8.8%. This indicates a moderate but notable price trend. The current median home price in Moulton, AL is approximately $194,935.384. Based on current trends, home prices in Moulton, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Investment hotspot data for Moulton, AL is currently unavailable.
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