$2,078 Closing Credit*
$175,000
1 SqFt
3 Beds
•1 Full Bath
Listing Office: Advantage Real Estate Na
Is 35640, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, 35640 has remained a Seller's Market.
Key Takeaway
35640 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35640, AL
How much do homes in 35640, AL cost?
Median Sold Price
$250,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$5,250(-2.1%)
Key Takeaway
Homes in 35640 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 35640 was $250,000 in September 2024, down 2.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $137.5K | -13.0% |
| 2 Bedrooms | $180K | $165.9K | -7.8% |
| 3 Bedrooms | $228K | $240K | +5.3% |
| 4 Bedrooms | $335K | $355K | +6.0% |
| 5+ Bedrooms | $352.5K | $425K | +20.6% |
Summary: 35640 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Zip Codes
| 35670 | $282.5K | $280K | -0.9% |
| 35603 | $290K | $286.1K | -1.3% |
| 35640 | $255.2K | $250K | -2.1% |
Housing Supply in 35640, AL
How many homes are available in 35640, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 111 | 119 | +7.2% |
Summary: The 35640 real estate market had 119 homes for sale in September 2024, a 7.2% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 63 | 69 | +9.5% |
| 4 Bedrooms | 30 | 27 | -10.0% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The 35640 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 increased by 10%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35640, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 35640 in September 2024, down by 4.3% month-over-month. Of the 22 sold homes, 64% were sold under asking, 32% were sold at asking, and 5% were sold over asking.
Days on Market for 35640, AL
We’re sorry, we don't have information for this market at the moment
