$2,256 Closing Credit*
$190,000
1,075 SqFt
3 Beds
•2 Full Baths
Julie Watson, Listing Office: EXIT Realty Cahaba
Is 35215, 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, 35215 was a Buyer's Market.
Key Takeaway
35215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35215, AL
How much do homes in 35215, AL cost?
Median Sold Price
$137,500
$93/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$21,500(-13.5%)
Key Takeaway
Homes in 35215 have sold for 13.5% less than they did a month ago.
Summary: The median home sold price in 35215 was $137,500 in October 2024, down 13.5% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $123K | $130.2K | +5.9% |
| 4 Bedrooms | $167K | $161.9K | -3.1% |
| 5+ Bedrooms | $269K | $250K | -7.1% |
Summary: 35215 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Zip Codes
| 35206 | $70K | $115K | +64.3% |
| 35215 | $159K | $137.5K | -13.5% |
Housing Supply in 35215, AL
How many homes are available in 35215, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 113 | +52.7% |
Summary: The 35215 real estate market had 113 homes for sale in October 2024, a 52.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 49 | 75 | +53.1% |
| 4 Bedrooms | 20 | 29 | +45.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 35215 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 53.1%, 4 bedroom homes increased by 45%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 22 | +340.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35215, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 35215 in October 2024, up by 340.0% month-over-month. Of the 22 sold homes, 68% were sold under asking, 9% were sold at asking, and 23% were sold over asking.
Days on Market for 35215, AL
How long does it take to sell a home in 35215, AL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 43 Days | +440.3% |
Summary: Homes in 35215 had an average of 43 days on market in Oct 2024, up by 440.3% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35215 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 35215; 50% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
