With only 1.0 months of inventory, Orrville remains a seller's market. Home prices have decreased 80.0% in the past month. At the current pace, all available homes in Orrville would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 99 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Orrville market with the affordability index at 1975.0. Based on current market indicators, home prices in Orrville are projected to decrease by approximately 11.7% over the next month.
Orrville, AL has a total population of 145 residents. White residents make up 44.1% of the population, African American residents comprise 55.9% of the community. This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in Orrville, AL.
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