Summerdale's real estate market is experiencing a price correction, with values down 25.2% from last year. Home prices have decreased 27.3% in the past month. At the current sales pace, it would take over 14.0 months to sell all available homes in Summerdale, indicating an oversupplied market. Properties are selling within just 4 days on average, much faster than the historical norm of 46 days. A significant 28.6% 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 Summerdale market with the affordability index at 1379.3. Based on current market indicators, home prices in Summerdale are projected to increase by approximately 8.7% over the next month.
Summerdale, AL has a total population of 1,469 residents. The area is predominantly White (91.2%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Summerdale, AL.
Crime analysis for Summerdale, AL shows 15 total incidents across all categories. The most prevalent crime type is Property Crime (53.3% of all incidents). This is followed by Assault at 46.7%. The crime rate in Summerdale, AL is very low, with violent crimes being more common than property crimes. This suggests Summerdale, AL is generally a safe area for residents and visitors.
Market predictions for Summerdale, AL show an upward trend in home prices, with values increasing by 8.3%. This indicates a moderate but notable price trend. The current median home price in Summerdale, AL is approximately $235,315.849. Based on current trends, home prices in Summerdale, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Investment hotspot data for Summerdale, 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.