Pike Road, AL

Buyer's market+1.2% YoY

Housing market overview · Updated weekly

$474,000median sale price

Homes sold

13

Last 12 weeks

Days on market

163

Average pace

Active listings

88

6.8 months supply

Sale-to-list

96.2%

Below asking

The Pike Road housing market is currently classified as a buyer's market with a median sale price of $474,000. Prices have risen 1.2% compared to last year, with homes spending an average of 163 days on market, indicating 6.8 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 Pike Road

There are currently 88 homes listed for sale in Pike Road, Alabama. The median listing price is $342K.

Active listings

88

Homes on market

Median list price

$342K

Avg. days on market

163

Days until sale

New this week

26

Newly listed

Price drops:15.9%of listings
Sale-to-list:96.2%

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Frequently asked questions

What is the average home price in Pike Road?

The median home sale price in Pike Road is $474,000, up 1.2% from last year.

How long do homes stay on market in Pike Road?

Homes typically spend 163 days on market before going under contract.

Is Pike Road a buyer's or seller's market?

With 6.8 months of supply, Pike Road is currently a buyer's market.

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