$1,721 Closing Credit*
$144,900
1,319 SqFt
3 Beds
•2 Full Baths
Robert Salmons, Listing Office: Entera Realty LLC
Is 35206, 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, 35206 has remained a Buyer's Market.
Key Takeaway
35206 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35206, AL
How much do homes in 35206, AL cost?
Median Sold Price
$122,000
$87/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$12,725(+11.6%)
Key Takeaway
Homes in 35206 have sold for 11.6% more than they did a month ago.
Summary: The median home sold price in 35206 was $122,000 in November 2024, up 11.6% from last month, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $76K | $50K | -34.2% |
| 3 Bedrooms | $115K | $170K | +47.8% |
| 4 Bedrooms | $75K | $122K | +62.7% |
| 5+ Bedrooms | $248K | - | N/A |
Summary: 35206 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 34.2%, 3 bedroom homes increased by 47.8%, 4 bedroom homes increased by 62.7%, and 5+ bedroom homes did not change.
Housing Supply in 35206, AL
How many homes are available in 35206, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 111 | +14.4% |
Summary: The 35206 real estate market had 111 homes for sale in November 2024, a 14.4% 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 | 15 | 17 | +13.3% |
| 3 Bedrooms | 69 | 78 | +13.0% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 35206 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 increased by 13.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35206, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 35206 in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 35206, AL
How long does it take to sell a home in 35206, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 30 Days | -25.5% |
Summary: Homes in 35206 had an average of 30 days on market in Nov 2024, down by 25.5% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 35206 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 35206; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
