According to the Marshall County Board of Realtors, January residential sales decreased by 10.9% year-over-year (Y/Y) with 49 closed transactions. Sales decreased 51.5% from December. Sales are down 10.9% year-to-date. Two more resources to review: Quarterly Report and Annual Report.
For all of Marshall County’s housing data, click here.
Inventory: January listings (422) increased 4.7% from December and increased 6.8% from one year ago. At the current sales pace, all the active inventory on the market would sell in 8.6 months, up from 4.0 months in December, and up from 7.2 months in January 2025. The equilibrium point where buyers and sellers have roughly equal bargaining power is roughly 6 months of supply.
Pricing: The area’s median sales price in January was $269,000, an increase of 6.3% from one year ago and a decrease of 0.33% from December. The differing sample size (number of residential sales of comparative months) can contribute to statistical volatility, including pricing. ACRE recommends consulting with a local real estate professional to discuss pricing, as it will vary from neighborhood to neighborhood.
Homes sold in January averaged 117 days on the market (DOM), 55 days slower than in January 2025.
Forecast: January sales were 16 units, or 25.1%, below the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 65 sales for the month, while actual sales were 49 units. ACRE forecasted a total of 65 home sales year-to-date, while there were 49 actual sales through January, a difference of 25.1%
New Construction: The 7 new homes sold represented 14.3% of all residential sales in the area in January. Total sales decreased 36.4% year-over-year. The median sales price was $350,000, an increase of 38.0% from one year ago and an increase of 7.3% from December.
Click here to view the entire monthly report.
The Marshall County Residential Monthly Report is developed in conjunction with the Marshall County Board of Realtors to better serve area consumers.
