The Steele housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 105.7% in the past month alone. With 3.0 months of supply, Steele's inventory levels remain relatively tight. Homes are taking about 66 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Steele market with the affordability index at 887.7. Based on current market indicators, home prices in Steele are projected to increase by approximately 10.3% over the next month.
Steele, AL has a total population of 1,311 residents. The area is predominantly White (59.6%), 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 Steele, AL.
Crime analysis for Steele, AL shows 3 total incidents across all categories. The most prevalent crime type is Property Crime (66.7% of all incidents). This is followed by Assault at 33.3%. The crime rate in Steele, AL is very low, with violent crimes being more common than property crimes. This suggests Steele, AL is generally a safe area for residents and visitors.
Market predictions for Steele, AL show a downward trend in home prices, with values decreasing by 2.4%. This suggests a gradual price adjustment in the market. The current median home price in Steele, AL is approximately $136,186.471. The stable price trend suggests a balanced market in Steele, AL, suitable for both buyers and sellers.
Investment hotspot data for Steele, AL is currently unavailable.
Log in to view more
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A
✓ Free market analysis ✓ Cancel anytime
Disclaimer: All investment decisions involve risks, and the information provided by Pulsereal is for informational purposes only. We do not guarantee any specific outcomes, returns, or profitability. Users are encouraged to conduct their own due diligence and consult with a financial advisor or real estate professional before making any investment decisions. Pulsereal is not responsible for any losses or damages arising from the use of the platform or reliance on the provided information.
Copyright © 2025 Pulse Real LLC.