Is 35006, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35006 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 35006 has remained a Seller's Market.

Key Takeaway

35006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35006, AL

How much do homes in 35006, AL cost?

Median Sold Price

$240,000

$139/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$60,000(+33.3%)

Key Takeaway

Homes in 35006 have sold for 33.3% more than they did a month ago.

Summary: The median home sold price in 35006 was $240,000 in November 2024, up 33.3% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $45K-
N/A
3 $197.5K$225K
+13.9%
4 -$425K
N/A
5+ --
N/A

Summary: 35006 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 increased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35006
+33.3%
35023
-17.2%
35444
-31.0%

Housing Supply in 35006, AL

How many homes are available in 35006, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The 35006 real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 86
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 35006 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35006, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 35006 in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 35006, AL

How long does it take to sell a home in 35006, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
79 Days87 Days+10.4%

Summary: Homes in 35006 had an average of 87 days on market in Nov 2024, up by 10.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 35006 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 35006; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 35006, AL

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