Is 35673, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35673 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 35673 was a Seller's Market.

Key Takeaway

35673 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 35673, AL

How much do homes in 35673, AL cost?

Median Sold Price

$259,900

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,100(-5.5%)

Key Takeaway

Homes in 35673 have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in 35673 was $259,900 in December 2024, down 5.5% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$150K
N/A
2 $150K$140.6K
-6.3%
3 $225.5K$259.9K
+15.3%
4 $300.9K$330K
+9.7%
5+ $477.4K-
N/A

Summary: 35673 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35650
+2.6%
35601
+2.2%
35603
0.0%
35673
-5.5%
35643
-16.3%

Housing Supply in 35673, AL

How many homes are available in 35673, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2425+4.2%

Summary: The 35673 real estate market had 25 homes for sale in December 2024, a 4.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 12
+100.0%
3 1414
0.0%
4 44
0.0%
5+ 34
+33.3%

Summary: The 35673 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35673, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 35673 in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 35673, AL

We’re sorry, we don't have information for this market at the moment

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 35673, AL

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