$1,413 Closing Credit*
$119,000
924 SqFt
3 Beds
•1 Full Bath
Listing Office: Legend Realty
Is 35601, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 35601 has remained a Seller's Market.
Key Takeaway
35601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35601, AL
How much do homes in 35601, AL cost?
Median Sold Price
$201,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,000(-2.0%)
Key Takeaway
Homes in 35601 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 35601 was $201,000 in October 2024, down 2% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | - | N/A |
| 2 Bedrooms | $147.5K | $154K | +4.4% |
| 3 Bedrooms | $205.7K | $200K | -2.8% |
| 4 Bedrooms | $247.4K | $284.9K | +15.2% |
| 5+ Bedrooms | $285K | $353.5K | +24.0% |
Summary: 35601 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 24%.
Median Sold Price Compared To Nearby Zip Codes
| 35611 | $250K | $285K | +14.0% |
| 35673 | $250K | $274.9K | +10.0% |
| 35603 | $288.8K | $290K | 0.4% |
| 35601 | $205K | $201K | -2.0% |
Housing Supply in 35601, AL
How many homes are available in 35601, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 144 | 150 | +4.2% |
Summary: The 35601 real estate market had 150 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 73 | 75 | +2.7% |
| 4 Bedrooms | 36 | 36 | 0.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 35601 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35601, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 35601 in October 2024, up by 8.3% month-over-month. Of the 26 sold homes, 65% were sold under asking, 23% were sold at asking, and 12% were sold over asking.
Days on Market for 35601, AL
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.