With only 1.0 months of inventory, South Vinemont remains a seller's market. Home prices have increased 53.9% in the past month alone. At the current pace, all available homes in South Vinemont would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 111 days to sell, which is NaN days longer than this time last year. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the South Vinemont market with the affordability index at 3796.1. Based on current market indicators, home prices in South Vinemont are projected to decrease by approximately 11.8% over the next month.
South Vinemont, AL has a total population of 885 residents. The area is predominantly White (58.1%), Hispanic/Latino residents represent 18.5% of the population. This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in South Vinemont, AL.
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