$4,571 Closing Credit*
$384,900
3,378 SqFt
4 Beds
•3 Full Baths, 1 Partial
Suzanne Olcott, Listing Office: EXIT Realty Birmingham
Is 35222, 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, 35222 has remained a Seller's Market.
Key Takeaway
35222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35222, AL
How much do homes in 35222, AL cost?
Median Sold Price
$321,750
$237/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$125,750(-28.1%)
Key Takeaway
Homes in 35222 have sold for 28.1% less than they did a month ago.
Summary: The median home sold price in 35222 was $321,750 in November 2024, down 28.1% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $477.4K | $279.9K | -41.4% |
| 3 Bedrooms | $385K | $415K | +7.8% |
| 4 Bedrooms | $440K | $460K | +4.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: 35222 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 41.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes did not change.
Housing Supply in 35222, AL
How many homes are available in 35222, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 53 | +6.0% |
Summary: The 35222 real estate market had 53 homes for sale in November 2024, a 6.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 35222 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 decreased by 23.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35222, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 35222 in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for 35222, AL
How long does it take to sell a home in 35222, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 13 Days | -36.9% |
Summary: Homes in 35222 had an average of 13 days on market in Nov 2024, down by 36.9% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35222 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 35222; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
