$3,147 Closing Credit*
$265,000
1,560 SqFt
3 Beds
•2 Full Baths
Listing Office: Coldwell Banker Mcmillan
Is 35640, 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, 35640 was a Seller's Market.
Key Takeaway
35640 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 35640, AL
How much do homes in 35640, AL cost?
Median Sold Price
$255,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,500(-4.7%)
Key Takeaway
Homes in 35640 have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in 35640 was $255,000 in November 2024, down 4.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | $215K | +97.2% |
| 2 Bedrooms | $180K | $170K | -5.6% |
| 3 Bedrooms | $240K | $240K | 0.0% |
| 4 Bedrooms | $340K | $379.7K | +11.7% |
| 5+ Bedrooms | $375K | $415K | +10.7% |
Summary: 35640 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.2%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Zip Codes
| 35622 | $199.9K | $223K | +11.6% |
| 35670 | $280K | $284.4K | +1.6% |
| 35603 | $290K | $286.5K | -1.2% |
| 35640 | $267.5K | $255K | -4.7% |
Housing Supply in 35640, AL
How many homes are available in 35640, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 118 | -3.3% |
Summary: The 35640 real estate market had 118 homes for sale in November 2024, a 3.3% decrease 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 | 14 | 13 | -7.1% |
| 3 Bedrooms | 74 | 71 | -4.1% |
| 4 Bedrooms | 25 | 27 | +8.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 35640 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 decreased by 7.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35640, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 35640 in November 2024, down by 39.3% month-over-month. Of the 17 sold homes, 71% were sold under asking, 6% were sold at asking, and 24% were sold over asking.
Days on Market for 35640, AL
We’re sorry, we don't have information for this market at the moment
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