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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35673 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 35673 has remained a Seller's Market.

Key Takeaway

35673 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35673, AL

How much do homes in 35673, AL cost?

Median Sold Price

$274,999

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,999(+10.0%)

Key Takeaway

Homes in 35673 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 35673 was $274,999 in October 2024, up 10% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$131.2K
-12.5%
3 $221K$259.9K
+17.6%
4 $280K$318K
+13.6%
5+ -$477.4K
N/A

Summary: 35673 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 decreased by 12.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35673
+10.0%
35650
+6.0%
35603
0.4%
35601
-2.0%

Housing Supply in 35673, AL

How many homes are available in 35673, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2926-10.3%

Summary: The 35673 real estate market had 26 homes for sale in October 2024, a 10.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 11
0.0%
3 1412
-14.3%
4 128
-33.3%
5+ 13
+200.0%

Summary: The 35673 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 35673 in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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 23 Days Ago

Newest Listings in 35673, AL

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