$4,691 Closing Credit*
$395,000
2,776 SqFt
4 Beds
•3 Full Baths, 1 Partial
Ashley Williams, Listing Office: Vulcan Realty, LLC
Is 35004, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 35004 was a Seller's Market.
Key Takeaway
35004 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 35004, AL
How much do homes in 35004, AL cost?
Median Sold Price
$252,500
$161/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$24,900(-9.0%)
Key Takeaway
Homes in 35004 have sold for 9% less than they did a month ago.
Summary: The median home sold price in 35004 was $252,500 in November 2024, down 9% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $268.9K | $237.5K | -11.7% |
| 4 Bedrooms | $290.4K | $272.5K | -6.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 35004 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.
Housing Supply in 35004, AL
How many homes are available in 35004, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 60 | +27.7% |
Summary: The 35004 real estate market had 60 homes for sale in November 2024, a 27.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 30 | 38 | +26.7% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 35004 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35004, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 35004 in November 2024, the same as the previous month. Of the 10 sold homes, 20% were sold under asking, 70% were sold at asking, and 10% were sold over asking.
Days on Market for 35004, AL
How long does it take to sell a home in 35004, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 27 Days | +24.9% |
Summary: Homes in 35004 had an average of 27 days on market in Nov 2024, up by 24.9% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 35004 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 35004; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
