$599,000
3.68 Acres
Land
Listing Office: Lht Commercial Real Estate, Ll
Is 35747, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 35747 was a Seller's Market.
Key Takeaway
35747 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35747, AL
How much do homes in 35747, AL cost?
Median Sold Price
$294,950
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,950(+5.7%)
Key Takeaway
Homes in 35747 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 35747 was $294,950 in October 2024, up 5.7% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $335K | $179.6K | -46.4% |
| 3 Bedrooms | $267.7K | $294.4K | +10.0% |
| 4 Bedrooms | $377.5K | $375K | -0.7% |
| 5+ Bedrooms | $535.9K | $264K | -50.7% |
Summary: 35747 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 46.4%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 50.7%.
Median Sold Price Compared To Nearby Zip Codes
| 35760 | $235K | $262K | +11.5% |
| 35747 | $279K | $294.9K | +5.7% |
| 35976 | $355K | $349.5K | -1.5% |
| 35776 | $240K | $199.9K | -16.7% |
| 35175 | $395K | $318.2K | -19.4% |
Housing Supply in 35747, AL
How many homes are available in 35747, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Summary: The 35747 real estate market had 36 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 35747 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 decreased by 50%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35747, 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 35747 in October 2024, down by 42.9% 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 35747, AL
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.