Is 35213, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35213 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 35213 has remained a Seller's Market.

Key Takeaway

35213 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35213, AL

How much do homes in 35213, AL cost?

Median Sold Price

$614,000

$297/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$136,000(-18.1%)

Key Takeaway

Homes in 35213 have sold for 18.1% less than they did a month ago.

Summary: The median home sold price in 35213 was $614,000 in December 2024, down 18.1% from last month, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $445K$352K
-20.9%
3 $515K$515K
0.0%
4 $1.1M$694K
-40.3%
5+ $1.7M$1.4M
-12.5%

Summary: 35213 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 40.3%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

35212
+155.6%
35222
+43.6%
35223
-1.9%
35213
-18.1%
35205
-61.2%

Housing Supply in 35213, AL

How many homes are available in 35213, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5441-24.1%

Summary: The 35213 real estate market had 41 homes for sale in December 2024, a 24.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 2417
-29.2%
4 1410
-28.6%
5+ 117
-36.4%

Summary: The 35213 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 36.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2714-48.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35213, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 35213 in December 2024, down by 48.1% month-over-month. Of the 14 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% were sold over asking.

Days on Market for 35213, AL

How long does it take to sell a home in 35213, AL?

Average Sale Time

Nov 2024Dec 2024CHANGE
26 Days16 Days-36.9%

Summary: Homes in 35213 had an average of 16 days on market in Dec 2024, down by 36.9% compared to last month.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 35213 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 14 homes were sold in 35213; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 2 Days Ago

Newest Listings in 35213, AL

Nearby Markets to 35213, AL