Explore Tuscumbia, AL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$205,000

Market Insights

Tuscumbia's real estate market is experiencing a price correction, with values down 12.8% from last year. Home prices have decreased 15.8% in the past month. With 39 active listings, inventory is 95% higher than seasonal norms. Homes are taking about 55 days to sell, which is -8 days longer than this time last year. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 15.4% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Tuscumbia market with the affordability index at 182.7. Based on current market indicators, home prices in Tuscumbia are projected to increase by approximately 3.5% over the next month.

Demographics market for - Tuscumbia, AL

Total Population -

8,063

White Population

68%

Black Population

27%

Mexican28% (1% of total population)
Puerto Rican16% (1% of total population)
Cuban0%
Dominican6% (0% of total population)
Salvadoran12% (1% of total population)
Costa Rican0%
Gautemalan0%
Honduran38% (2% of total population)
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 5% (0% of total population)
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 1% (0% of total population)
Hmong 0%
Indonesian 0%
Japanese 2% (0% of total population)
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 7% (0% of total population)
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Tuscumbia, AL

Assault Offenses100%

Destruction/Damage/Vandalism of Property100%

Real Estate Market Prediction for - Tuscumbia, AL

City Hotspots
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