Is 35739, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35739 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 35739 was a Buyer's Market.

Key Takeaway

35739 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 35739, AL

How much do homes in 35739, AL cost?

Median Sold Price

$275,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,500(+2.4%)

Key Takeaway

Homes in 35739 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 35739 was $275,000 in November 2024, up 2.4% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $639K$210K
-67.1%
3 $245K$269.9K
+10.2%
4 $335K$279.7K
-16.5%
5+ $550K$700K
+27.3%

Summary: 35739 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 67.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 27.3%.

Median Sold Price Compared To Nearby Zip Codes

35739
+2.4%
35620
-0.7%
38449
-1.6%
35773
-4.1%

Housing Supply in 35739, AL

How many homes are available in 35739, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The 35739 real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1413
-7.1%
4 35
+66.7%
5+ 10
-100.0%

Summary: The 35739 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 decreased by 66.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35739, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 35739 in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 35739, AL

How long does it take to sell a home in 35739, AL?

Breakdown of Home Sale Times

1 Home Was 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 35739 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 35739; 33% 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 3 Days Ago

Newest Listings in 35739, AL

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