Is 35096, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35096 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 35096 was a Buyer's Market.

Key Takeaway

35096 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35096, AL

How much do homes in 35096, AL cost?

Median Sold Price

$285,000

$153/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$105,000(-26.9%)

Key Takeaway

Homes in 35096 have sold for 26.9% less than they did a month ago.

Summary: The median home sold price in 35096 was $285,000 in October 2024, down 26.9% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$236K
N/A
4 $390K$315K
-19.2%
5+ --
N/A

Summary: 35096 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 did not change, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35096
-26.9%
36271
-41.6%

Housing Supply in 35096, AL

How many homes are available in 35096, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1628+75.0%

Summary: The 35096 real estate market had 28 homes for sale in October 2024, a 75.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 616
+166.7%
4 911
+22.2%
5+ 11
0.0%

Summary: The 35096 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 166.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35096, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 35096 in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% were sold at asking, and 0% were sold over asking.

Days on Market for 35096, AL

How long does it take to sell a home in 35096, AL?

Average Sale Time

Sep 2024Oct 2024CHANGE
40 Days33 Days-17.5%

Summary: Homes in 35096 had an average of 33 days on market in Oct 2024, down by 17.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 35096 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 35096; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in 35096, AL

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