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

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Median Price
$215,000

Market Insights

The housing market in Weaver continues to see strong price appreciation, with values up 22.6% compared to last year. The median home price of $215,000 represents a substantial 22.6% increase from this time last year. With 6.5 months of supply, Weaver's inventory levels remain relatively tight. Sales volume is down 50% compared to seasonal expectations. A significant 30.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Weaver market with the affordability index at 645.6. Based on current market indicators, home prices in Weaver are projected to decrease by approximately 4.1% over the next month.

Demographics market for - Weaver, AL

Total Population -

3,055

White Population

81%

Black Population

14%

Mexican69% (3% of total population)
Puerto Rican26% (1% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian4% (0% of total population)
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 6% (0% of total population)
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 4% (0% of total population)
Korean 8% (0% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Weaver, AL

Fraud Offenses100%

Robbery100%

Assault Offenses100%

Destruction/Damage/Vandalism of Property33%
Burglary/Breaking & Entering17%
Larceny/Theft Offenses50%

Real Estate Market Prediction for - Weaver, AL

City Hotspots
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