$199,000
31.00 Acres
Land
Robin Turberville, Listing Office: ARC Realty Cahaba Heights
Is 35031, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 35031 has remained a Buyer's Market.
Key Takeaway
35031 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35031, AL
How much do homes in 35031, AL cost?
Median Sold Price
$320,000
$254/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$93,000(+41.0%)
Key Takeaway
Homes in 35031 have sold for 41% more than they did a month ago.
Summary: The median home sold price in 35031 was $320,000 in December 2024, up 41% from last month, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $320K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $285K | - | N/A |
| 4 Bedrooms | $169K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 35031 housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 35121 | $136K | $215.4K | +58.4% |
| 35031 | $227K | $320K | +41.0% |
| 35049 | $243K | $214.9K | -11.5% |
Housing Supply in 35031, AL
How many homes are available in 35031, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The 35031 real estate market had 12 homes for sale in December 2024, a 14.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 35031 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35031, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 35031 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 35031, AL
We’re sorry, we don't have information for this market at the moment
