Is 35211, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35211 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 35211 has remained a Neutral Market.

Key Takeaway

35211 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 35211, AL

How much do homes in 35211, AL cost?

Median Sold Price

$123,200

$90/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$50,200(+68.8%)

Key Takeaway

Homes in 35211 have sold for 68.8% more than they did a month ago.

Summary: The median home sold price in 35211 was $123,200 in November 2024, up 68.8% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $33K$42K
+27.3%
3 $71.2K$127.7K
+79.3%
4 $337.4K-
N/A
5+ -$137K
N/A

Summary: 35211 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 27.3%, 3 bedroom homes increased by 79.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35211
+68.8%
35226
+13.4%
35221
+8.6%

Housing Supply in 35211, AL

How many homes are available in 35211, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
88112+27.3%

Summary: The 35211 real estate market had 112 homes for sale in November 2024, a 27.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1016
+60.0%
3 6681
+22.7%
4 912
+33.3%
5+ 33
0.0%

Summary: The 35211 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 60%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35211, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 35211 in November 2024, up by 6.7% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.

Days on Market for 35211, AL

How long does it take to sell a home in 35211, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
85 Days38 Days-55.5%

Summary: Homes in 35211 had an average of 38 days on market in Nov 2024, down by 55.5% compared to last month.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 35211 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 35211; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 35211, AL

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