$1,769 Closing Credit*
$149,000
1,276 SqFt
3 Beds
•1 Full Bath, 1 Partial
Julie Watson, Listing Office: EXIT Realty Cahaba
Is 35160, 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, 35160 has remained a Buyer's Market.
Key Takeaway
35160 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35160, AL
How much do homes in 35160, AL cost?
Median Sold Price
$223,500
$142/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$34,000(+17.9%)
Key Takeaway
Homes in 35160 have sold for 17.9% more than they did a month ago.
Summary: The median home sold price in 35160 was $223,500 in November 2024, up 17.9% from last month, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349.9K | $400K | +14.3% |
| 3 Bedrooms | $146.9K | $124.5K | -15.3% |
| 4 Bedrooms | $725K | $439K | -39.4% |
| 5+ Bedrooms | $450K | $142K | -68.4% |
Summary: 35160 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 increased by 14.3%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes decreased by 68.4%.
Median Sold Price Compared To Nearby Zip Codes
| 35160 | $189.5K | $223.5K | +17.9% |
| 35150 | $189K | $165K | -12.7% |
Housing Supply in 35160, AL
How many homes are available in 35160, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 80 | +25.0% |
Summary: The 35160 real estate market had 80 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 40 | 52 | +30.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 35160 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35160, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 35160 in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for 35160, AL
How long does it take to sell a home in 35160, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 Days | 39 Days | -58.4% |
Summary: Homes in 35160 had an average of 39 days on market in Nov 2024, down by 58.4% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 35160 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 35160; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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