Sheffield, AL
Housing market overview · Updated weekly
$192,450median sale price
Homes sold
6
Last 12 weeks
Days on market
204
Average pace
Active listings
51
8.5 months supply
Sale-to-list
94.6%
Below asking
The Sheffield housing market is currently classified as a buyer's market with a median sale price of $192,450. Prices have risen 30.1% compared to last year, with homes spending an average of 204 days on market, indicating 8.5 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 Sheffield
There are currently 51 homes listed for sale in Sheffield, Alabama. The median listing price is $122K.
Active listings
51
Homes on market
Median list price
$122K
Avg. days on market
204
Days until sale
New this week
10
Newly listed
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Frequently asked questions
What is the average home price in Sheffield?
The median home sale price in Sheffield is $192,450, up 30.1% from last year.
How long do homes stay on market in Sheffield?
Homes typically spend 204 days on market before going under contract.
Is Sheffield a buyer's or seller's market?
With 8.5 months of supply, Sheffield is currently a buyer's market.
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