The Ohatchee housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Ohatchee currently stands at $175,000. With 3.0 months of supply, Ohatchee's inventory levels remain relatively tight. Homes are taking about 40 days to sell, which is NaN days longer than this time last year. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Ohatchee market with the affordability index at 940.9. Based on current market indicators, home prices in Ohatchee are projected to increase by approximately 14.6% over the next month.
Ohatchee, AL has a total population of 1,340 residents. The area is predominantly White (95.1%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Ohatchee, AL.
Crime analysis for Ohatchee, AL shows 20 total incidents across all categories. The most prevalent crime type is Assault (60.0% of all incidents). This is followed by Property Crime at 25.0%. The crime rate in Ohatchee, AL is very low, with violent crimes being more common than property crimes. This suggests Ohatchee, AL is generally a safe area for residents and visitors.
Market predictions for Ohatchee, AL show a downward trend in home prices, with values decreasing by 6.2%. This indicates a moderate but notable price trend. The current median home price in Ohatchee, AL is approximately $188,053.636. The declining trend suggests this may be a buyer's market, with potential opportunities for those looking to purchase property in Ohatchee, AL.
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