With only 2.0 months of inventory, Rock Creek remains a seller's market. Home prices have increased 46.2% in the past month alone. With only 4 active listings, inventory is 56% lower than typical for this time of year. Homes are now taking an average of 217 days to sell, significantly longer than the 45 days typical for this market. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Rock Creek market with the affordability index at 1124.0. Looking ahead, the Rock Creek market is expected to maintain its current trajectory with relatively stable conditions.
Rock Creek, AL has a total population of 1,539 residents. The area is predominantly White (93.6%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Rock Creek, AL.
Market predictions for Rock Creek, AL show an upward trend in home prices, with values increasing by 3.4%. This suggests a gradual price adjustment in the market. The current median home price in Rock Creek, AL is approximately $250,480.354. The stable price trend suggests a balanced market in Rock Creek, AL, suitable for both buyers and sellers.
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