Is Malibar Heights, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Malibar Heights was a Seller's Market.
Housing Prices in Malibar Heights, AL
How much do homes in Malibar Heights, AL cost?
Median Sold Price
$199,900
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Malibar Heights was $199,900 in May 2024, up 1.5% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $175K | N/A |
3 Bedrooms | $159.9K | $151K | -5.6% |
4 Bedrooms | $305K | $365K | +19.7% |
5+ Bedrooms | $500K | - | N/A |
Summary: Malibar Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Berkleigh | $229.5K | $238.2K | +3.8% |
Malibar Heights | $197K | $199.9K | +1.5% |
Housing Supply in Malibar Heights, AL
How many homes are available in Malibar Heights, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Malibar Heights real estate market had 19 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Malibar Heights housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Malibar Heights in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Malibar Heights, AL
We’re sorry, we don't have information for this market at the moment