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In the realm of real estate, the decision to buy a home is a significant one, and 2024 brings a unique set of circumstances to the Auburn-Opelika, AL area. Let’s explore the pros and cons to help you determine whether now is the right time to embark on your homeownership journey.
The Auburn housing market is somewhat competitive. The median sale price of a home in Auburn was $385K last month, up 4.4% since last year. The median sale price per square foot in Auburn is $197, up 4.2% since last year.
The best time to buy a home in Auburn is when prices and interest rates are low. When prices are low and there are fewer buyers than sellers, the market is considered a buyer’s market. Buyers can get homes for lower prices and can often demand more concessions from homeowners eager to sell.
Auburn, AL is a buyer's market in March 2024, which means that the supply of homes is greater than the demand for homes. On average, homes in Auburn, AL sell after 53 days on the market.
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Find homes near Auburn University in Auburn, AL. Homes in this area have a median listing home price of $450,000. Explore these homes with our listing details, property photos, and school...
