MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Marengo County, Alabama.
The Median Sale Price for properties in Marengo County was documented at $80,000 for May 2024. This price point is a downward move of 61.5% from the previous month and shows a 60.0% drop from the year before.
1 home was sold, a decrease 50.0% from the previous month and a decrease of 66.7% from the prior year.
Additionally, the Median Days on Market for listings was observed at 48 days, 41 day shorter compared to the previous month and longer by 43 days from last year.
The Market Pulse Score for Marengo County comes in at 59, pointing to a declining trend within the local real estate market.
For more information about the Marengo County, Alabama market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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