With only 2.0 months of inventory, Union Grove remains a seller's market. Home prices have decreased 11.2% in the past month. With 2.0 months of supply, Union Grove's inventory levels remain relatively tight. Homes are taking about 19 days to sell, which is NaN days longer than this time last year. A significant 100.0% 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 Union Grove market with the affordability index at 26636.4. Based on current market indicators, home prices in Union Grove are projected to decrease by approximately 22.2% over the next month.
Union Grove, AL has a total population of 66 residents. The area is predominantly White (92.4%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in Union Grove, AL.
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