$1,484 Closing Credit*
$125,000
1,400 SqFt
3 Beds
•2 Full Baths
Justin Humphries, Listing Office: Keller Williams-Jasper
Is 35055, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 35055 was a Buyer's Market.
Key Takeaway
35055 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 35055, AL
How much do homes in 35055, AL cost?
Median Sold Price
$276,654
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,754(+2.5%)
Key Takeaway
Homes in 35055 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 35055 was $276,654 in November 2024, up 2.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $143.5K | $167.5K | +16.7% |
| 3 Bedrooms | $241.4K | $242.4K | 0.4% |
| 4 Bedrooms | $299.9K | $294.9K | -1.7% |
| 5+ Bedrooms | $480K | $282.4K | -41.2% |
Summary: 35055 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 41.2%.
Median Sold Price Compared To Nearby Zip Codes
| 35058 | $284.9K | $310K | +8.8% |
| 35055 | $269.9K | $276.6K | +2.5% |
Housing Supply in 35055, AL
How many homes are available in 35055, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 52 | +30.0% |
Summary: The 35055 real estate market had 52 homes for sale in November 2024, a 30.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 9 | 14 | +55.6% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 35055 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 remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35055, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 35055 in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 35055, AL
How long does it take to sell a home in 35055, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 35055 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 35055; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
