The housing market in Rogersville continues to see strong price appreciation, with values up 58.6% compared to last year. Home prices have increased 26.2% in the past month alone. At the current pace, all available homes in Rogersville would sell out in just 1.2 months, indicating a continued supply shortage. Properties are selling within just 35 days on average, much faster than the historical norm of 2300 days. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Rogersville market with the affordability index at 1263.2. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Rogersville, AL has a total population of 1,672 residents. The area is predominantly White (77.9%), The African American population is 5.3%. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Rogersville, AL.
Crime analysis for Rogersville, AL shows 4 total incidents across all categories. The most prevalent crime type is Assault (75.0% of all incidents). This is followed by Property Crime at 25.0%. The crime rate in Rogersville, AL is very low, with violent crimes being more common than property crimes. This suggests Rogersville, AL is generally a safe area for residents and visitors.
Market predictions for Rogersville, AL show relatively stable home prices with minimal change (1.5%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Rogersville, AL is approximately $281,898.022. The stable price trend suggests a balanced market in Rogersville, AL, suitable for both buyers and sellers.
Investment hotspot data for Rogersville, AL is currently unavailable.
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