Is College Park, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, College Park was a Seller's Market.
Housing Prices in College Park, AL
How much do homes in College Park, AL cost?
Median Sold Price
$376,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in College Park was $376,000 in April 2024, up 46.9% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $127.5K | +21.4% |
2 Bedrooms | $209K | $229.9K | +10.0% |
3 Bedrooms | $360.3K | $349K | -3.2% |
4 Bedrooms | $577.5K | $451.5K | -21.8% |
5+ Bedrooms | $594.5K | $599.9K | +0.9% |
Summary: College Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
College Park | $256K | $376K | +46.9% |
Parkhill | $279.5K | $325K | +16.3% |
Housing Supply in College Park, AL
How many homes are available in College Park, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Summary: The College Park real estate market had 32 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The College Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in College Park in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for College Park, AL
We’re sorry, we don't have information for this market at the moment