OfferBackedBuyer Tools

Is Luverne, AL 36049 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Luverne is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$95▲ +142.8% vs. last year

The Luverne housing market right now

In the three months ending August 31, 2026, 0% of homes in Luverne, AL 36049 sold above their list price, the typical home went under contract in 55 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (209 days then) and the median sale price rose 149% to $99,457. Overall, Luverne is more competitive than a year ago, so tougher for buyers.

Run the numbers for 36049

Prefilled for 36049Can I win this house?Multiple-offer likelihood for a listing Prefilled for 36049Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brantley 36009 — /sq ftHighland Home 36041 $135 /sq ftHonoraville 36042 — /sq ftLapine 36046 $117 /sq ft Browse all markets →

Towns like Luverne nearby

Find towns like Luverne in other states →
Elba, AL36323 · 23 miles away90% similarlarger Brundidge, AL36010 · 26 miles away89% similarcheaper homes ($31K less) Greenville, AL36037 · 23 miles away88% similarcheaper homes ($38K less) · larger Opp, AL36467 · 30 miles away85% similarlarger

Where Luverne is

Loading map…

Questions about Luverne real estate

Is Luverne a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Luverne, AL 36049 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Luverne?

The typical home went under contract in 55 days in the latest three months.

Do homes in Luverne sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Luverne?

About 0.32% of a home’s value a year in Crenshaw County, or roughly $1,280 on a $400,000 home.

What is the median home price in Luverne?

The median sale price was $99,457 in the three months ending August 31, 2026, about $95 per square foot.

Local agents

See all agents in 36049 →

No sponsored agents in 36049 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 36049

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Crenshaw County property taxesCrenshaw County loan limitsClosing costs in AlabamaHottest ZIP codes in Alabama
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology