Huntsville, AL Housing Market Report | December 2022
Home sales are down 32.2% year over year in our local Huntsville, Alabama real estate market. Housing affordability and the mortgage rate lockdown effect are continuing to push the number of homes sold down, we’ll look at what effects these and other factors affected the Huntsville housing market in December. If you’re looking to buy or sell a home in Huntsville, AL, this information can help you make the best decision based on your situation as we head into 2023.
Sales have dropped 32.2% year over year in our local Huntsville, Alabama real estate market. Sales are down for two primary reasons.
The first is affordability. The Huntsville Housing Affordability Index…
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