Is 35613, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35613 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 35613 was a Seller's Market.

Key Takeaway

35613 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35613, AL

How much do homes in 35613, AL cost?

Median Sold Price

$321,747

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,178(-5.1%)

Key Takeaway

Homes in 35613 have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in 35613 was $321,747 in October 2024, down 5.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $93.5K$40K
-57.2%
2 $245K$155K
-36.7%
3 $291.7K$284.9K
-2.3%
4 $410K$374.9K
-8.6%
5+ $479.9K$539K
+12.3%

Summary: 35613 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes decreased by 36.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

35749
+1.1%
35620
-1.6%
35773
-4.1%
35613
-5.1%

Housing Supply in 35613, AL

How many homes are available in 35613, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
288297+3.1%

Summary: The 35613 real estate market had 297 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 118120
+1.7%
4 136142
+4.4%
5+ 3032
+6.7%

Summary: The 35613 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6042-30.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35613, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 35613 in October 2024, down by 30.0% month-over-month. Of the 42 sold homes, 52% were sold under asking, 40% were sold at asking, and 7% were sold over asking.

Days on Market for 35613, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 35613, AL

Nearby Markets to 35613, AL