$18,500
0.10 Acres
Land
Daniel Demers, Listing Office: Sell Your Home Services
Is 35020, 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, 35020 was a Buyer's Market.
Key Takeaway
35020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35020, AL
How much do homes in 35020, AL cost?
Median Sold Price
$70,000
$46/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$45,000(-39.1%)
Key Takeaway
Homes in 35020 have sold for 39.1% less than they did a month ago.
Summary: The median home sold price in 35020 was $70,000 in November 2024, down 39.1% from last month, and the median price per square foot was $46.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $47.8K | $70K | +46.4% |
| 3 Bedrooms | $130K | $60K | -53.8% |
| 4 Bedrooms | - | $73K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 35020 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 increased by 46.4%, 3 bedroom homes decreased by 53.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 35221 | $55.2K | $60K | +8.6% |
| 35022 | $299.6K | $295K | -1.6% |
| 35020 | $115K | $70K | -39.1% |
Housing Supply in 35020, AL
How many homes are available in 35020, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 52 | +18.2% |
Summary: The 35020 real estate market had 52 homes for sale in November 2024, a 18.2% 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 35020 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 28.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35020, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 35020 in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for 35020, AL
How long does it take to sell a home in 35020, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 126 Days | 23 Days | -81.6% |
Summary: Homes in 35020 had an average of 23 days on market in Nov 2024, down by 81.6% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35020 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 35020; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
