Sheffield, AL

Buyer's market+30.1% YoY

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

Price drops:17.6%of listings
Sale-to-list:94.6%

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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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