With only 1.0 months of inventory, West Blocton remains a seller's market. The median home price in West Blocton currently stands at $165,000. At the current pace, all available homes in West Blocton would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 165 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the West Blocton market with the affordability index at 1113.0. Based on current market indicators, home prices in West Blocton are projected to increase by approximately 12.2% over the next month.
West Blocton, AL has a total population of 1,247 residents. The area is predominantly White (86.0%), The African American population is 9.1%. The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in West Blocton, AL.
Crime analysis for West Blocton, AL shows 4 total incidents across all categories. The most prevalent crime type is Property Crime (50.0% of all incidents). This is followed by Assault at 50.0%. The crime rate in West Blocton, AL is very low, with violent crimes being more common than property crimes. This suggests West Blocton, AL is generally a safe area for residents and visitors.
Market predictions for West Blocton, AL show a downward trend in home prices, with values decreasing by 6.9%. This indicates a moderate but notable price trend. The current median home price in West Blocton, AL is approximately $172,396.49. The declining trend suggests this may be a buyer's market, with potential opportunities for those looking to purchase property in West Blocton, AL.
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