Explore Munford, AL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$260,000

Market Insights

The housing market in Munford continues to see strong price appreciation, with values up 15.6% compared to last year. Home prices have increased 44.4% in the past month alone. With 5 active listings, inventory is 400% higher than seasonal norms. Properties are selling within just 143 days on average, much faster than the historical norm of 367 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Munford market with the affordability index at 837.4. Based on current market indicators, home prices in Munford are projected to increase by approximately 7.9% over the next month.

Demographics market for - Munford, AL

Total Population -

1,408

White Population

65%

Black Population

30%

Mexican0%
Puerto Rican0%
Cuban70% (2% of total population)
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan30% (1% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 28% (1% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan50% (1% of total population)
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Munford, AL

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Real Estate Market Prediction for - Munford, AL

City Hotspots
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