$1,661 Closing Credit*
$139,900
962 SqFt
3 Beds
•1 Full Bath
Neal Thomas, Listing Office: Minnie Lee Realty
Is 35234, 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, 35234 was a Buyer's Market.
Key Takeaway
35234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35234, AL
How much do homes in 35234, AL cost?
Median Sold Price
$110,000
$106/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$43,750(+66.0%)
Key Takeaway
Homes in 35234 have sold for 66% more than they did a month ago.
Summary: The median home sold price in 35234 was $110,000 in November 2024, up 66% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $135K | N/A |
| 3 Bedrooms | $50K | $137.4K | +174.9% |
| 4 Bedrooms | $175K | - | N/A |
| 5+ Bedrooms | - | $50K | N/A |
Summary: 35234 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 did not change, 3 bedroom homes increased by 174.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 35234, AL
How many homes are available in 35234, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The 35234 real estate market had 30 homes for sale in November 2024, a 3.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 35234 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35234, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 35234 in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 35234, AL
How long does it take to sell a home in 35234, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 114 Days | +157.6% |
Summary: Homes in 35234 had an average of 114 days on market in Nov 2024, up by 157.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 35234 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in 35234; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
