Northport, AL Home Values & Market Trends

Real estate market trends reflect that there have been 581 transactions over the past year in Northport. The median value for residential home transactions that occurred over the previous year is $279,715.2. The number of current listings in Northport is 18, and the percentage of properties for sale in the city is 18.00%. Northport, AL currently has 11 properties in foreclosure, 1 bank owned properties, 10 properties headed for auction, and 18 properties for sale.

Northport, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
35475

$ 415,000

$ 162/sqft

35476

$ 391,079

$ 206/sqft

35473

$ 349,351

$ 144/sqft

Housing Market Summary for Northport, AL

Mar 2023February 2024Change
Median Listing Price$255.9K$269.6K5.35%
Median Sold Price$257.7K$269.6K4.59%
Homes For Sale2119-9.52%
Homes Sold271233-14.02%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Northport, AL

Northport home values range from $19,580 to $10,183,002. The median estimated value of a home in Northport is $279,715.2. The median list price of a home is 314,000, and the total count of properties in the city is 12,030.

Foreclosure
There are 3 zips within Northport, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $218,973 in 35475 to the lowest value of $176,292 in 35475. Foreclosure homes account for 0.00% of properties in Northport, AL with 35473 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Northport, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Northport, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Northport, AL ranges from the highest value of $1,434,736 in 35475 to the lowest value of $1,434,736 in 35475. Bank owned homes and properties account for 0.01% of properties in Northport, AL. There are 3 zips within Northport, AL; 35475 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35473 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Northport, AL. Auction homes and other auction properties account for 0.08% of all properties in Northport, AL. There are 3 zips within Northport, AL; of those zips, the median estimated home value for homes going to auction ranges from $308,750 in 35476 to the lowest value of $176,292 in 35476.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Northport, AL with 35475 containing 8 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Northport, AL; homes for sale in those zips, have a range of median values from $425,000 in 35473 to the lowest value of $129,000 in 35476.
    Sold Homes
    The median value for recently sold homes ranges from $649,154 in 35473 to the lowest price of $27,905 in 35473. There are 3 zips within Northport, AL. 35475 has 101 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.85% of properties in Northport, AL.

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      Guide for Northport, AL

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      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

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      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.

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      Madison’s real estate market continues to robustness, with varied trends across different market segments.