$499,900
3.93 Acres
Land
Listing Office: Re/Max Legacy
Is 35611, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 35611 was a Seller's Market.
Key Takeaway
35611 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35611, AL
How much do homes in 35611, AL cost?
Median Sold Price
$291,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$41,000(+16.4%)
Key Takeaway
Homes in 35611 have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in 35611 was $291,000 in November 2024, up 16.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $158.5K | +76.1% |
| 2 Bedrooms | $221.2K | $220K | -0.6% |
| 3 Bedrooms | $239.4K | $257.6K | +7.6% |
| 4 Bedrooms | $369.9K | $369.9K | 0.0% |
| 5+ Bedrooms | $612.5K | $568.5K | -7.2% |
Summary: 35611 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.1%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Zip Codes
| 35611 | $250K | $291K | +16.4% |
| 35601 | $204K | $205.3K | +0.7% |
| 35613 | $339.9K | $319.6K | -6.0% |
Housing Supply in 35611, AL
How many homes are available in 35611, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 222 | 223 | 0.5% |
Summary: The 35611 real estate market had 223 homes for sale in November 2024, a 0.5% 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 | 12 | 14 | +16.7% |
| 3 Bedrooms | 109 | 118 | +8.3% |
| 4 Bedrooms | 84 | 74 | -11.9% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 35611 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 16.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 28 | -28.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35611, expect to pay close to the asking price. 46.4% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in 35611 in November 2024, down by 28.2% month-over-month. Of the 28 sold homes, 39% were sold under asking, 46% were sold at asking, and 14% were sold over asking.
Days on Market for 35611, AL
How long does it take to sell a home in 35611, AL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 35611 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 28 homes were sold in 35611; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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