The housing market in Sardis City continues to see strong price appreciation, with values up 67.3% compared to last year. Home prices have increased 27.9% in the past month alone. At the current pace, all available homes in Sardis City would sell out in just 1.3 months, indicating a continued supply shortage. Sales volume is down 40% compared to seasonal expectations. A significant 75.0% 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 Sardis City market with the affordability index at 2098.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Sardis City, AL has a total population of 1,739 residents. The area is predominantly White (97.0%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Sardis City, AL.
Crime analysis for Sardis City, AL shows 16 total incidents across all categories. The most prevalent crime type is Property Crime (56.3% of all incidents). This is followed by Assault at 43.8%. The crime rate in Sardis City, AL is very low, with violent crimes being more common than property crimes. This suggests Sardis City, AL is generally a safe area for residents and visitors.
Market predictions for Sardis City, AL show a downward trend in home prices, with values decreasing by 9.7%. This indicates a moderate but notable price trend. The current median home price in Sardis City, AL is approximately $339,843.55. The declining trend suggests this may be a buyer's market, with potential opportunities for those looking to purchase property in Sardis City, AL.
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