Is 35634, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35634 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 35634 was a Buyer's Market.

Key Takeaway

35634 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35634, AL

How much do homes in 35634, AL cost?

Median Sold Price

$320,000

$169/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$860,000(-72.9%)

Key Takeaway

Homes in 35634 have sold for 72.9% less than they did a month ago.

Summary: The median home sold price in 35634 was $320,000 in October 2024, down 72.9% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $475K$320K
-32.6%
4 --
N/A
5+ $1.8M-
N/A

Summary: 35634 housing prices by bedroom type for October 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 decreased by 32.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35645
-0.6%
35634
-72.9%

Housing Supply in 35634, AL

How many homes are available in 35634, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
17170.0%

Summary: The 35634 real estate market had 17 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1414
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The 35634 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35634, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 35634 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for 35634, AL

How long does it take to sell a home in 35634, AL?

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 35634 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 35634; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in 35634, AL

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