$2,743 Closing Credit*
$230,950
1,355 SqFt
3 Beds
•2 Full Baths
Cookie Rayford, Listing Office: Rausch Coleman Realty Group, L
Is 35125, 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, 35125 was a Buyer's Market.
Key Takeaway
35125 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35125, AL
How much do homes in 35125, AL cost?
Median Sold Price
$271,500
$171/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$57,000(+26.6%)
Key Takeaway
Homes in 35125 have sold for 26.6% more than they did a month ago.
Summary: The median home sold price in 35125 was $271,500 in November 2024, up 26.6% from last month, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $214.5K | $249.9K | +16.5% |
| 4 Bedrooms | - | $575K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 35125 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 16.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 35125, AL
How many homes are available in 35125, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Summary: The 35125 real estate market had 31 homes for sale in November 2024, a 10.7% 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 | 24 | 23 | -4.2% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 35125 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 decreased by 4.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35125, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 35125 in November 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for 35125, AL
How long does it take to sell a home in 35125, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 23 Days | -54.9% |
Summary: Homes in 35125 had an average of 23 days on market in Nov 2024, down by 54.9% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35125 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 35125; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
