$1,769 Closing Credit*
$149,000
1,036 SqFt
2 Beds
•2 Full Baths
Christy St John, Listing Office: ERA Waldrop Real Estate
Is 35055, 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, 35055 was a Neutral Market.
Key Takeaway
35055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35055, AL
How much do homes in 35055, AL cost?
Median Sold Price
$315,000
$160/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$134,000(+74.0%)
Key Takeaway
Homes in 35055 have sold for 74% more than they did a month ago.
Summary: The median home sold price in 35055 was $315,000 in October 2024, up 74% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $163K | N/A |
| 3 Bedrooms | $184K | $278.5K | +51.4% |
| 4 Bedrooms | $150K | $554.9K | +270.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 35055 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 51.4%, 4 bedroom homes increased by 270%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 35077 | $118.9K | $234.9K | +97.5% |
| 35055 | $181K | $315K | +74.0% |
| 35031 | $208.3K | $229.5K | +10.2% |
| 35058 | $365.8K | $279.9K | -23.5% |
Housing Supply in 35055, AL
How many homes are available in 35055, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Summary: The 35055 real estate market had 29 homes for sale in October 2024, a 16.0% 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 | 2 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 35055 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 remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 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 35055, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 35055 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 35055 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in 35055; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
