$8,301 Closing Credit*
$699,000
2,412 SqFt
4 Beds
•3 Baths
#25-22, Listing Office: Lake Homes Realty
Is 35053, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 35053 was a Seller's Market.
Key Takeaway
35053 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35053, AL
How much do homes in 35053, AL cost?
Median Sold Price
$849,950
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$115,445(+15.7%)
Key Takeaway
Homes in 35053 have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in 35053 was $849,950 in December 2024, up 15.7% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | - | N/A |
| 2 Bedrooms | $248.7K | $378K | +52.0% |
| 3 Bedrooms | $582.4K | $532.5K | -8.6% |
| 4 Bedrooms | $848.9K | $1.1M | +30.6% |
| 5+ Bedrooms | $1.5M | $1.3M | -9.5% |
Summary: 35053 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes decreased by 9.5%.
Housing Supply in 35053, AL
How many homes are available in 35053, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 44 | -13.7% |
Summary: The 35053 real estate market had 44 homes for sale in December 2024, a 13.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The 35053 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 decreased by 60%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 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 35053, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 35053 in December 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 35053, AL
How long does it take to sell a home in 35053, AL?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35053 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 35053; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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