$6,472 Closing Credit*
$545,000
2,638 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Redstone Realty Solutions-Dec
Is 35603, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, 35603 was a Seller's Market.
Key Takeaway
35603 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35603, AL
How much do homes in 35603, AL cost?
Median Sold Price
$286,193
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$3,806(-1.3%)
Key Takeaway
Homes in 35603 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 35603 was $286,193 in September 2024, down 1.3% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $130K | N/A |
| 2 Bedrooms | $165K | $192.4K | +16.6% |
| 3 Bedrooms | $264.9K | $250.5K | -5.4% |
| 4 Bedrooms | $360K | $376K | +4.5% |
| 5+ Bedrooms | $482.5K | $408K | -15.4% |
Summary: 35603 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.6%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 15.4%.
Median Sold Price Compared To Nearby Zip Codes
| 35673 | $234.5K | $277.5K | +18.3% |
| 35603 | $290K | $286.1K | -1.3% |
| 35601 | $203.9K | $200.5K | -1.7% |
| 35640 | $255.2K | $250K | -2.1% |
Housing Supply in 35603, AL
How many homes are available in 35603, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 204 | 191 | -6.4% |
Summary: The 35603 real estate market had 191 homes for sale in September 2024, a 6.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 95 | 93 | -2.1% |
| 4 Bedrooms | 75 | 67 | -10.7% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The 35603 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 46 | 20 | -56.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35603, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 35603 in September 2024, down by 56.5% month-over-month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.
Days on Market for 35603, AL
We’re sorry, we don't have information for this market at the moment
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