$7,838 Closing Credit*
$660,000
4,200 SqFt
5 Beds
•4 Full Baths, 1 Partial
Nakeesha Lawton, Listing Office: Agape Real Estate
Is 35117, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 35117 has remained a Seller's Market.
Key Takeaway
35117 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35117, AL
How much do homes in 35117, AL cost?
Median Sold Price
$294,000
$163/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$54,250(+22.6%)
Key Takeaway
Homes in 35117 have sold for 22.6% more than they did a month ago.
Summary: The median home sold price in 35117 was $294,000 in November 2024, up 22.6% from last month, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $239.7K | $301.9K | +25.9% |
| 4 Bedrooms | - | $257K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 35117 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 increased by 25.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 35117, AL
How many homes are available in 35117, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The 35117 real estate market had 30 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 35117 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 100%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35117, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 35117 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 35117, AL
How long does it take to sell a home in 35117, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 13 Days | -35.4% |
Summary: Homes in 35117 had an average of 13 days on market in Nov 2024, down by 35.4% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35117 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 35117; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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