For the month of November 2017 in Pelham, Alabama; the real estate market was a sellers market. There were 139 active listings averaging $301,911 and 32 listings sold averaging $245,378. Sold listings averaged 92 days on the market and sold for 98.61% of asking price. The market’s absorption rate represents 4.37 months supply of inventory.
Pelham Alabama home values averaged $97.06 per square foot of living space based on single family homes sold in the last 30 days.