The housing market in Pleasant Grove continues to see strong price appreciation, with values up 11.7% compared to last year. Home prices have increased 47.6% in the past month alone. With 2.9 months of supply, Pleasant Grove's inventory levels remain relatively tight. Homes are taking about 77 days to sell, which is -5 days longer than this time last year. Approximately 35.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Pleasant Grove market with the affordability index at 128.8. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Pleasant Grove, AL has a total population of 9,485 residents. White residents make up 37.3% of the population, African American residents comprise 61.8% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Pleasant Grove, AL.
Crime analysis for Pleasant Grove, AL shows 42 total incidents across all categories. The most prevalent crime type is Assault (57.1% of all incidents). This is followed by Property Crime at 38.1%. The crime rate in Pleasant Grove, AL is very low, with violent crimes being more common than property crimes. This suggests Pleasant Grove, AL is generally a safe area for residents and visitors.
Market predictions for Pleasant Grove, AL show an upward trend in home prices, with values increasing by 15.5%. This represents a significant price movement in the market. The current median home price in Pleasant Grove, AL is approximately $246,053.574. Based on current trends, home prices in Pleasant Grove, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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