$45,000
1.67 Acres
Land
Listing Office: South Towne Realtors, LLC
Is 35175, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 35175 was a Seller's Market.
Key Takeaway
35175 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35175, AL
How much do homes in 35175, AL cost?
Median Sold Price
$328,500
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$84,000(-20.4%)
Key Takeaway
Homes in 35175 have sold for 20.4% less than they did a year ago.
Summary: The median home sold price in 35175 was $328,500 in November 2024, down 20.4% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $195K | -10.3% |
| 3 Bedrooms | $291.8K | $338K | +15.8% |
| 4 Bedrooms | $519K | $469.9K | -9.5% |
| 5+ Bedrooms | $576.5K | $609K | +5.6% |
Summary: 35175 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Zip Codes
| 35016 | $233.5K | $250K | +7.1% |
| 35803 | $319.2K | $323K | +1.2% |
| 35976 | $360K | $351K | -2.5% |
| 35175 | $412.5K | $328.5K | -20.4% |
Housing Supply in 35175, AL
How many homes are available in 35175, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The 35175 real estate market had 31 homes for sale in November 2024, a 6.9% 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 | 17 | 18 | +5.9% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 35175 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 5.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35175, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 35175 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 35175, AL
We’re sorry, we don't have information for this market at the moment
