$4,334 Closing Credit*
$365,000
2,493 SqFt
4 Beds
•3 Full Baths
Todd Pearson, Listing Office: Keller Williams Metro South
Is 35114, 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, 35114 was a Seller's Market.
Key Takeaway
35114 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35114, AL
How much do homes in 35114, AL cost?
Median Sold Price
$257,500
$189/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$122,500(-32.2%)
Key Takeaway
Homes in 35114 have sold for 32.2% less than they did a month ago.
Summary: The median home sold price in 35114 was $257,500 in November 2024, down 32.2% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $299.9K | $257.5K | -14.1% |
| 4 Bedrooms | $380K | - | N/A |
| 5+ Bedrooms | $999K | - | N/A |
Summary: 35114 housing prices by bedroom type for November 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 decreased by 14.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 35114, AL
How many homes are available in 35114, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The 35114 real estate market had 29 homes for sale in November 2024, a 20.8% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 11 | 16 | +45.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 35114 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 remained the same, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 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 35114, 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 35114 in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 35114, AL
How long does it take to sell a home in 35114, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 37 Days | +71.3% |
Summary: Homes in 35114 had an average of 37 days on market in Nov 2024, up by 71.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35114 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 35114; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
