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

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Median Price
$236,550

Market Insights

The housing market in Reform continues to see strong price appreciation, with values up 607.4% compared to last year. Home prices have increased 59.9% in the past month alone. With 9 active listings, inventory is 350% higher than seasonal norms. Properties are selling within just 66 days on average, much faster than the historical norm of 1922 days. A significant 22.2% 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 Reform market with the affordability index at 831.5. Based on current market indicators, home prices in Reform are projected to increase by approximately 8.5% over the next month.

Demographics market for - Reform, AL

Total Population -

1,807

White Population

35%

Black Population

63%

Mexican73% (2% of total population)
Puerto Rican0%
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan27% (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 0%
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%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Reform, AL

Assault Offenses100%

Destruction/Damage/Vandalism of Property100%

Real Estate Market Prediction for - Reform, AL

City Hotspots
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