Bay Minette, AL

Buyer's market+64.3% YoY

Housing market overview · Updated weekly

$195,500median sale price

Homes sold

6

Last 12 weeks

Days on market

84

Average pace

Active listings

40

6.7 months supply

Sale-to-list

99.1%

Below asking

The Bay Minette housing market is currently classified as a buyer's market with a median sale price of $195,500. Prices have risen 64.3% compared to last year, with homes spending an average of 84 days on market, indicating 6.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Bay Minette

There are currently 40 homes listed for sale in Bay Minette, Alabama. The median listing price is $220K.

Active listings

40

Homes on market

Median list price

$220K

Avg. days on market

84

Days until sale

New this week

13

Newly listed

Price drops:15.0%of listings
Sale-to-list:99.1%

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Frequently asked questions

What is the average home price in Bay Minette?

The median home sale price in Bay Minette is $195,500, up 64.3% from last year.

How long do homes stay on market in Bay Minette?

Homes typically spend 84 days on market before going under contract.

Is Bay Minette a buyer's or seller's market?

With 6.7 months of supply, Bay Minette is currently a buyer's market.

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