Is 35652, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35652 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 35652 has remained a Seller's Market.

Key Takeaway

35652 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35652, AL

How much do homes in 35652, AL cost?

Median Sold Price

$339,900

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,900(+17.6%)

Key Takeaway

Homes in 35652 have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in 35652 was $339,900 in October 2024, up 17.6% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$170K
N/A
2 $285K$380K
+33.3%
3 $280.5K$249.9K
-10.9%
4 $316.5K$530K
+67.5%
5+ -$1.2M
N/A

Summary: 35652 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 67.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35652
+17.6%
35614
+10.0%

Housing Supply in 35652, AL

How many homes are available in 35652, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4039-2.5%

Summary: The 35652 real estate market had 39 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 1817
-5.6%
4 1411
-21.4%
5+ 45
+25.0%

Summary: The 35652 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 increased by 66.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35652, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 35652 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.

Days on Market for 35652, AL

How long does it take to sell a home in 35652, 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 35652 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 35652; 22% 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 35652, AL

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