$2,791 Closing Credit*
$235,000
1,229 SqFt
2 Beds
•1 Full Bath
Louis Josof, Listing Office: Louis Josof Realty
Is 35205, 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, 35205 was a Buyer's Market.
Key Takeaway
35205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35205, AL
How much do homes in 35205, AL cost?
Median Sold Price
$330,000
$223/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$232,000(+236.7%)
Key Takeaway
Homes in 35205 have sold for 236.7% more than they did a month ago.
Summary: The median home sold price in 35205 was $330,000 in November 2024, up 236.7% from last month, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $197.4K | -17.7% |
| 2 Bedrooms | $98K | $453.5K | +362.8% |
| 3 Bedrooms | $30K | $50K | +66.7% |
| 4 Bedrooms | - | $405K | N/A |
| 5+ Bedrooms | - | $950K | N/A |
Summary: 35205 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 17.7%, 2 bedroom homes increased by 362.8%, 3 bedroom homes increased by 66.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 35205, AL
How many homes are available in 35205, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 84 | +29.2% |
Summary: The 35205 real estate market had 84 homes for sale in November 2024, a 29.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 21 | +31.3% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 21 | 29 | +38.1% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 35205 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35205, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 35205 in November 2024, up by 114.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.
Days on Market for 35205, AL
How long does it take to sell a home in 35205, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 71 Days | +158.6% |
Summary: Homes in 35205 had an average of 71 days on market in Nov 2024, up by 158.6% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35205 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 35205; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
