$3,561 Closing Credit*
$299,900
1,818 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jana Woodruff, Listing Office: RealtySouth-Inverness Office
Is 35226, 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, 35226 has remained a Seller's Market.
Key Takeaway
35226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35226, AL
How much do homes in 35226, AL cost?
Median Sold Price
$444,377
$202/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$52,577(+13.4%)
Key Takeaway
Homes in 35226 have sold for 13.4% more than they did a month ago.
Summary: The median home sold price in 35226 was $444,377 in November 2024, up 13.4% from last month, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $200.9K | -10.7% |
| 3 Bedrooms | $349.5K | $399.9K | +14.4% |
| 4 Bedrooms | $430.5K | $581.7K | +35.1% |
| 5+ Bedrooms | $700K | $540K | -22.9% |
Summary: 35226 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 10.7%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes decreased by 22.9%.
Housing Supply in 35226, AL
How many homes are available in 35226, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 172 | 186 | +8.1% |
Summary: The 35226 real estate market had 186 homes for sale in November 2024, a 8.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 63 | 66 | +4.8% |
| 4 Bedrooms | 72 | 76 | +5.6% |
| 5+ Bedrooms | 28 | 37 | +32.1% |
Summary: The 35226 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 25%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 32.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 43 | +38.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35226, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 35226 in November 2024, up by 38.7% month-over-month. Of the 43 sold homes, 51% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for 35226, AL
How long does it take to sell a home in 35226, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 28 Days | +23.7% |
Summary: Homes in 35226 had an average of 28 days on market in Nov 2024, up by 23.7% compared to last month.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35226 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 43 homes were sold in 35226; 70% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
