$3,562 Closing Credit*
$299,999
2,492 SqFt
4 Beds
•2 Full Baths, 1 Partial
Angela Wilson, Listing Office: eXp Realty, LLC Central
Is 35150, 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, 35150 has remained a Buyer's Market.
Key Takeaway
35150 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35150, AL
How much do homes in 35150, AL cost?
Median Sold Price
$165,000
$82/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$24,000(-12.7%)
Key Takeaway
Homes in 35150 have sold for 12.7% less than they did a month ago.
Summary: The median home sold price in 35150 was $165,000 in November 2024, down 12.7% from last month, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $77.7K | -29.4% |
| 3 Bedrooms | $189K | $174K | -7.9% |
| 4 Bedrooms | $372K | $165K | -55.6% |
| 5+ Bedrooms | - | $400K | N/A |
Summary: 35150 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 decreased by 29.4%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes did not change.
Housing Supply in 35150, AL
How many homes are available in 35150, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 57 | +11.8% |
Summary: The 35150 real estate market had 57 homes for sale in November 2024, a 11.8% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 31 | 36 | +16.1% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 35150 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 increased by 16.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35150, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 35150 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 35150, AL
How long does it take to sell a home in 35150, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 33 Days | +8.5% |
Summary: Homes in 35150 had an average of 33 days on market in Nov 2024, up by 8.5% compared to last month.
Breakdown of Home Sale Times
4 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 35150 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 35150; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information is deemed to be reliable, but is not guaranteed. © 2024 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.