Bay Minette, AL Real Estate & Property Data

Bay Minette Real Estate Market Trends
Last Updated: April 27, 2024

To gain a better understanding of the real estate market in Bay Minette, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Bay Minette, which is refreshed on a daily basis. Based on the latest market trends, a total of 274 residential properties have been sold in Bay Minette, AL over the past year, with a median home price of $257,400 and 3 foreclosure filings. Additionally, the 2022 effective property tax rate in Bay Minette is 0.27%. To find more detailed property data for Bay Minette, Alabama, look no further than ATTOM.

Bay Minette Real Estate Market Trends
Total Residential Properties 7,436
Total Commercial Properties 506
Avg. Home Age (Single Family Home) 43 Years
Avg. Square Feet (Single Family Home) 1,731
Total 2024 Residential Sales (year-to-date) 35
% of Homes Seriously Underwater (Q2 2024) 1%
Total 2023 Residential Sales 254
% of Equity Rich Homes (Q2 2024) 28.73%
Effective 2023 Property Tax 0.27%
Total Foreclosure Filings (year-to-date) 9
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Bay Minette, AL Real Estate Overview

A total of 274 residential properties have been sold in Bay Minette, AL over the past year, with a median home price of $219,121. There are currently 7,436 residential properties in Bay Minette, AL, which can be further analyzed by looking at the 1 zip codes and 731 streets encompassing the city.

Median Sales Price i
$257,400
(Feb 2024)
+18.3%
year-over-year
y-o-y
  • February '24 Feb '24 $257,400
  • January '24 Jan '24 $201,000
  • December '23 Dec '23 $213,500
  • November '23 Nov '23 $220,950
  • October '23 Oct '23 $210,000
  • September '23 Sep '23 $202,000
  • August '23 Aug '23 $274,500
  • July '23 Jul '23 $220,000
  • June '23 Jun '23 $252,000
  • May '23 May '23 $242,000
  • April '23 Apr '23 $213,675
  • March '23 Mar '23 $192,000
Median Down Payment i
$5,326
(Feb 2024)
-92.4%
year-over-year
y-o-y
  • February '24 Feb '24 $5,326
  • January '24 Jan '24 $8,548
  • December '23 Dec '23 $23,675
  • November '23 Nov '23 $11,250
  • October '23 Oct '23 $10,747
  • September '23 Sep '23 $3,750
  • August '23 Aug '23 $18,225
  • July '23 Jul '23 $15,000
  • June '23 Jun '23 $47,037
  • May '23 May '23 $13,500
  • April '23 Apr '23 $10,250
  • March '23 Mar '23 $21,374
Number of Homes Sold i
14
(Feb 2024)
-12.5%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 21
  • December '23 Dec '23 16
  • November '23 Nov '23 20
  • October '23 Oct '23 22
  • September '23 Sep '23 20
  • August '23 Aug '23 17
  • July '23 Jul '23 30
  • June '23 Jun '23 25
  • May '23 May '23 21
  • April '23 Apr '23 22
  • March '23 Mar '23 30
Number of Purchase Loans i
9
(Feb 2024)
-18.2%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 9
  • December '23 Dec '23 12
  • November '23 Nov '23 8
  • October '23 Oct '23 14
  • September '23 Sep '23 7
  • August '23 Aug '23 9
  • July '23 Jul '23 20
  • June '23 Jun '23 16
  • May '23 May '23 14
  • April '23 Apr '23 15
  • March '23 Mar '23 19
Number of REFI Loans i
8
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 11
  • December '23 Dec '23 12
  • November '23 Nov '23 9
  • October '23 Oct '23 9
  • September '23 Sep '23 13
  • August '23 Aug '23 11
  • July '23 Jul '23 10
  • June '23 Jun '23 13
  • May '23 May '23 9
  • April '23 Apr '23 10
  • March '23 Mar '23 9
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 6
  • September '23 Sep '23 9
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 6
  • May '23 May '23 7
  • April '23 Apr '23 3
  • March '23 Mar '23 2

Bay Minette, AL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Bay Minette, AL Foreclosure Activity

There were a total of 3 Bay Minette, AL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Bay Minette, AL properties and repossessed 1 Bay Minette, AL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
  • February '24 Feb '24 3
  • January '24 Jan '24 6
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Foreclosure Starts i
3
(Feb 2024)
  • February '24 Feb '24 3
  • January '24 Jan '24 6
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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