$2,613 Closing Credit*
$220,000
1,576 SqFt
3 Beds
•1 Full Bath
Linda Ingram, Listing Office: ERA Byars Realty
Is 35503, 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, 35503 has remained a Buyer's Market.
Key Takeaway
35503 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35503, AL
How much do homes in 35503, AL cost?
Median Sold Price
$549,900
$140/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$112,400(+25.7%)
Key Takeaway
Homes in 35503 have sold for 25.7% more than they did a month ago.
Summary: The median home sold price in 35503 was $549,900 in November 2024, up 25.7% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $437.5K | - | N/A |
| 4 Bedrooms | - | $549.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 35503 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 35541 | $312.5K | $461K | +47.5% |
| 35503 | $437.5K | $549.9K | +25.7% |
| 35501 | $285K | $241.4K | -15.3% |
Housing Supply in 35503, AL
How many homes are available in 35503, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The 35503 real estate market had 10 homes for sale in November 2024, a 9.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 35503 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35503, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 35503 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 35503, AL
How long does it take to sell a home in 35503, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 120 Days | 64 Days | -46.7% |
Summary: Homes in 35503 had an average of 64 days on market in Nov 2024, down by 46.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 35503 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 35503; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
