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

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Median Price
$70,000

Market Insights

The present housing market in Webb is down with high active listings and low sales volume. The median home price has fallen to $70,000, a significant 44.8% decrease year-over-year. With 4 active listings, inventory is 300% higher than seasonal norms. Homes are now taking an average of 209 days to sell, significantly longer than the 126 days typical for this market. A significant 50.0% 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 Webb market with the affordability index at 372.3. Based on current market indicators, home prices in Webb are projected to increase by approximately 4.0% over the next month.

Demographics market for - Webb, AL

Total Population -

1,504

White Population

76%

Black Population

18%

Mexican100% (6% of total population)
Puerto Rican0%
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 1% (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 - Webb, AL

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Real Estate Market Prediction for - Webb, AL

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City Hotspots
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Nearby Cities From- Webb, AL

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