Stevenson's real estate market is currently hot with low inventory and high demand. Home prices have increased 75.7% in the past month alone. At the current pace, all available homes in Stevenson would sell out in just 1.5 months, indicating a continued supply shortage. Homes are now taking an average of 264 days to sell, significantly longer than the 35 days typical for this market. A significant 33.3% 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 Stevenson market with the affordability index at 1038.9. Based on current market indicators, home prices in Stevenson are projected to decrease by approximately 25.8% over the next month.
Stevenson, AL has a total population of 2,319 residents. The area is predominantly White (74.5%), African American residents comprise 25.5% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Stevenson, AL.
Crime analysis for Stevenson, AL shows 24 total incidents across all categories. The most prevalent crime type is Assault (75.0% of all incidents). This is followed by Property Crime at 20.8%. The crime rate in Stevenson, AL is very low, with violent crimes being more common than property crimes. This suggests Stevenson, AL is generally a safe area for residents and visitors.
Market predictions for Stevenson, AL show an upward trend in home prices, with values increasing by 6.2%. This indicates a moderate but notable price trend. The current median home price in Stevenson, AL is approximately $276,772.655. Based on current trends, home prices in Stevenson, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Investment hotspot data for Stevenson, AL is currently unavailable.
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