$3,502 Closing Credit*
$294,900
1,816 SqFt
3 Beds
•2 Full Baths
Nathan Oldroyd, Listing Office: EXIT Royal Realty
Is 35045, 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, 35045 was a Buyer's Market.
Key Takeaway
35045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35045, AL
How much do homes in 35045, AL cost?
Median Sold Price
$265,000
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$23,462(-8.1%)
Key Takeaway
Homes in 35045 have sold for 8.1% less than they did a month ago.
Summary: The median home sold price in 35045 was $265,000 in October 2024, down 8.1% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $479K | N/A |
| 3 Bedrooms | $206K | $227.5K | +10.4% |
| 4 Bedrooms | $370.9K | $735K | +98.2% |
| 5+ Bedrooms | - | $399.9K | N/A |
Summary: 35045 housing prices by bedroom type for October 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 10.4%, 4 bedroom homes increased by 98.2%, and 5+ bedroom homes did not change.
Housing Supply in 35045, AL
How many homes are available in 35045, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 48 | +50.0% |
Summary: The 35045 real estate market had 48 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 19 | 29 | +52.6% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 35045 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 52.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 9 | +350.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35045, 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 35045 in October 2024, up by 350.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for 35045, AL
How long does it take to sell a home in 35045, AL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 142 Days | 63 Days | -55.6% |
Summary: Homes in 35045 had an average of 63 days on market in Oct 2024, down by 55.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 35045 has remained consistent over time.
Summary: During October 2024, 9 homes were sold in 35045; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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