The Stockton housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 41.4% in the past month. With 3 active listings, inventory is 200% higher than seasonal norms. Homes are now taking an average of 314 days to sell, significantly longer than the 3 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 Stockton market with the affordability index at 9939.4. Looking ahead, the Stockton market is expected to maintain its current trajectory with relatively stable conditions.
Stockton, AL has a total population of 440 residents. The area is predominantly White (79.1%), African American residents comprise 20.9% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Stockton, AL.
Market predictions for Stockton, AL show an upward trend in home prices, with values increasing by 15.9%. This represents a significant price movement in the market. The current median home price in Stockton, AL is approximately $466,593.796. Based on current trends, home prices in Stockton, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
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