Is 35058, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35058 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 35058 was a Neutral Market.

Key Takeaway

35058 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35058, AL

How much do homes in 35058, AL cost?

Median Sold Price

$310,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,050(+8.8%)

Key Takeaway

Homes in 35058 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 35058 was $310,000 in November 2024, up 8.8% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $173.5K-
N/A
3 $267K$274.7K
+2.9%
4 $309.9K$316.9K
+2.3%
5+ $441K$407.1K
-7.7%

Summary: 35058 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 did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Zip Codes

35058
+8.8%
35055
+2.5%

Housing Supply in 35058, AL

How many homes are available in 35058, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5450-7.4%

Summary: The 35058 real estate market had 50 homes for sale in November 2024, a 7.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2928
-3.4%
4 1712
-29.4%
5+ 67
+16.7%

Summary: The 35058 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 increased by 50%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35058, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 35058 in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for 35058, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 35058, AL

Nearby Markets to 35058, AL