Gadsden, AL

Buyer's market+51.9% YoY

Housing market overview · Updated weekly

$162,500median sale price

Homes sold

23

Last 12 weeks

Days on market

101

Average pace

Active listings

121

5.3 months supply

Sale-to-list

97.4%

Below asking

The Gadsden housing market is currently classified as a buyer's market with a median sale price of $162,500. Prices have risen 51.9% compared to last year, with homes spending an average of 101 days on market, indicating 5.3 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

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Frequently asked questions

What is the average home price in Gadsden?

The median home sale price in Gadsden is $162,500, up 51.9% from last year.

How long do homes stay on market in Gadsden?

Homes typically spend 101 days on market before going under contract.

Is Gadsden a buyer's or seller's market?

With 5.3 months of supply, Gadsden is currently a buyer's market.

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