$3,978 Closing Credit*
$335,000
1,790 SqFt
3 Beds
•2 Full Baths
Faith Harper, Listing Office: RE/MAX Northern Properties
Is 35007, 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, 35007 was a Seller's Market.
Key Takeaway
35007 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 35007, AL
How much do homes in 35007, AL cost?
Median Sold Price
$309,900
$152/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$10,600(-3.3%)
Key Takeaway
Homes in 35007 have sold for 3.3% less than they did a month ago.
Summary: The median home sold price in 35007 was $309,900 in November 2024, down 3.3% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $243.4K | $260K | +6.8% |
| 4 Bedrooms | $375.5K | $342.4K | -8.8% |
| 5+ Bedrooms | $487K | $559.9K | +15.0% |
Summary: 35007 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 6.8%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 15%.
Housing Supply in 35007, AL
How many homes are available in 35007, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 114 | 126 | +10.5% |
Summary: The 35007 real estate market had 126 homes for sale in November 2024, a 10.5% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 50 | 55 | +10.0% |
| 4 Bedrooms | 47 | 49 | +4.3% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The 35007 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 10%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35007, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 35007 in November 2024, the same as the previous month. Of the 21 sold homes, 38% were sold under asking, 33% were sold at asking, and 29% were sold over asking.
Days on Market for 35007, AL
How long does it take to sell a home in 35007, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 31 Days | -55.4% |
Summary: Homes in 35007 had an average of 31 days on market in Nov 2024, down by 55.4% compared to last month.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35007 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 35007; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
