$2,957 Closing Credit*
$249,030
2,065 SqFt
4 Beds
•2 Full Baths, 1 Partial
Caitlin Gagliano, Listing Office: Rausch Coleman Realty Group, L
Is 35120, 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, 35120 was a Neutral Market.
Key Takeaway
35120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35120, AL
How much do homes in 35120, AL cost?
Median Sold Price
$288,840
$144/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$61,340(+27.0%)
Key Takeaway
Homes in 35120 have sold for 27% more than they did a month ago.
Summary: The median home sold price in 35120 was $288,840 in November 2024, up 27% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $222.7K | $243.4K | +9.3% |
| 4 Bedrooms | $323.5K | $292.2K | -9.7% |
| 5+ Bedrooms | - | $308.8K | N/A |
Summary: 35120 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 9.3%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes did not change.
Housing Supply in 35120, AL
How many homes are available in 35120, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 97 | +7.8% |
Summary: The 35120 real estate market had 97 homes for sale in November 2024, a 7.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 49 | 49 | 0.0% |
| 4 Bedrooms | 33 | 38 | +15.2% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 35120 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 15.2%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35120, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 35120 in November 2024, up by 12.5% month-over-month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for 35120, AL
How long does it take to sell a home in 35120, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 25 Days | -52.8% |
Summary: Homes in 35120 had an average of 25 days on market in Nov 2024, down by 52.8% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 35120 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 35120; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
