Sumiton, AL

Balanced market

Housing market overview · Updated weekly

$191,000median sale price

Homes sold

1

Last 12 weeks

Days on market

47

Average pace

Active listings

7

7.0 months supply

Sale-to-list

100.6%

Above asking

The Sumiton housing market is currently classified as a balanced market with a median sale price of $191,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 47 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Sumiton

There are currently 7 homes listed for sale in Sumiton, Alabama. The median listing price is $430K.

Active listings

7

Homes on market

Median list price

$430K

Avg. days on market

47

Days until sale

New this week

2

Newly listed

Price drops:14.3%of listings
Sale-to-list:100.6%

Explore nearby cities in AL

Frequently asked questions

What is the average home price in Sumiton?

The median home sale price in Sumiton is $191,000, down 0.0% from last year.

How long do homes stay on market in Sumiton?

Homes typically spend 47 days on market before going under contract.

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

With 7.0 months of supply, Sumiton is currently a balanced market.

Get Sumiton market alerts

Weekly updates on prices, inventory, and trends. Free forever.