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 November 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

$357,250

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,350(+23.2%)

Key Takeaway

Homes in 35652 have sold for 23.2% more than they did a year ago.

Summary: The median home sold price in 35652 was $357,250 in November 2024, up 23.2% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K$130K
-63.9%
2 $285K$380K
+33.3%
3 $287.4K$249.9K
-13.1%
4 $300K$530K
+76.7%
5+ -$918.7K
N/A

Summary: 35652 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 76.7%, and 5+ bedroom homes did not change.

Housing Supply in 35652, AL

How many homes are available in 35652, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3735-5.4%

Summary: The 35652 real estate market had 35 homes for sale in November 2024, a 5.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1514
-6.7%
4 119
-18.2%
5+ 56
+20.0%

Summary: The 35652 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 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, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 35652 in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% 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

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 35652 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 35652; 0% of homes were sold within 30 days, 14% 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 10 Days Ago

Newest Listings in 35652, AL

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