Pelham, AL Housing Market
The Pelham housing market is somewhat competitive. The median sale price of a home in Pelham was $330K last month, up 8.2% since last year. The median sale price per square foot in Pelham is $169, up 1.8% since last year.
Pelham Housing Market Trends
In March 2024, Pelham home prices were up 8.2% compared to last year, selling for a median price of $330K. On average, homes in Pelham sell after 35 days on the market compared to 35 days last year. There were 38 homes sold in March this year, down from 46 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Pelham housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 53 days.
- Hot homescan sell for about 1% above list price and go pending in around 32 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 46 days.
- Hot homescan sell for about 2% above list price and go pending in around 24 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 40 days.
- Hot homescan sell for about 1% above list price and go pending in around 25 days.
Pelham Migration & Relocation Trends
- Across the nation, 0.25% of homebuyers searched to move into Pelham from outside metros.
- Atlanta homebuyers searched to move into Pelham more than any other metro followed by Los Angeles and New York.
- 72% of Pelham homebuyers searched to stay within the Pelham metropolitan area.
- Huntsville was the most popular destination among Pelham homebuyers followed by Mobile and Montgomery.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 207 | ||
2 | 126 | ||
3 | 125 | ||
4 | 89 | ||
5 | 80 | ||
6 | 70 | ||
7 | 66 | ||
8 | 57 | ||
9 | 57 | ||
10 | 37 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 274 | ||
2 | 61 | ||
3 | 61 | ||
4 | 58 | ||
5 | 34 | ||
6 | 27 | ||
7 | 24 | ||
8 | 21 | ||
9 | 14 | ||
10 | 14 |
Home offer insights for Pelham
Recent offers
View houses in Pelham that sold recently
Recently sold homes
- $284,000 Last Sold Price3 beds2.5 baths1,880 sq ft122 Meadow View Cir, Pelham, AL 35124List Price$275,000Sale to List3% over listDays on Market31 days122 Meadow View Cir, Pelham, AL 35124
- $456,000 Last Sold Price4 beds4.5 baths3,030 sq ft160 Lakeland Rdg, Chelsea, AL 35043List Price$456,000Sale to List0% over listDays on Market288 days160 Lakeland Rdg, Chelsea, AL 35043
- $625,000 Last Sold Price6 beds4 baths4,083 sq ft102 Gleneagles Ln, Pelham, AL 35124List Price$619,500Sale to List1% over listDays on Market29 days102 Gleneagles Ln, Pelham, AL 35124
- $285,000 Last Sold Price3 beds2.5 baths1,842 sq ft2265 Richmond Cir, Pelham, AL 35124List Price$285,000Sale to List0% over listDays on Market69 days2265 Richmond Cir, Pelham, AL 35124
- $272,000 Last Sold Price3 beds2 baths1,663 sq ft222 High Ridge Dr, Pelham, AL 35124List Price$267,000Sale to List2% over listDays on Market31 days222 High Ridge Dr, Pelham, AL 35124
- $97,000 Last Sold Price3 beds2.5 baths1,820 sq ft1898 Chandalar Ct, Pelham, AL 35124List Price$90,000Sale to List8% over listDays on Market13 days1898 Chandalar Ct, Pelham, AL 35124
- $225,000 Last Sold Price2 beds2 baths1,290 sq ft296 Hidden Creek Trl, Pelham, AL 35124List Price$229,900Sale to List2% under listDays on Market35 days296 Hidden Creek Trl, Pelham, AL 35124
- $535,000 Last Sold Price4 beds3.5 baths2,789 sq ft138 Keeneland Grn, Pelham, AL 35124List Price$535,000Sale to List0% over listDays on Market45 days138 Keeneland Grn, Pelham, AL 35124
See all recently sold homes in Pelham.
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Schools in Pelham
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Oak Mt Intermediate School Public • 4-5 | 657 Students | 4 reviews |
9/10 Oak Mt Elementary School Public • PreK-3 | 657 Students | 9 reviews |
9/10 Riverchase Elementary School Public • PreK-5 | 667 Students | 15 reviews |
9/10 Gwin Elementary School Public • PreK-5 | 559 Students | 14 reviews |
7/10 Pelham Oaks Public • PreK-5 | 667 Students | N/A |
Climate's impact on Pelham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pelham.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Pelham
Walk Score®
Bike Score®
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