$799,000
76.00 Acres
Land
Listing Office: Stafford Realty, Inc.
Is 35748, 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, 35748 was a Seller's Market.
Key Takeaway
35748 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35748, AL
How much do homes in 35748, AL cost?
Median Sold Price
$497,805
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,095(-0.6%)
Key Takeaway
Homes in 35748 have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in 35748 was $497,805 in October 2024, down 0.6% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.5K | - | N/A |
| 2 Bedrooms | $117.7K | $130K | +10.4% |
| 3 Bedrooms | $410K | $355K | -13.4% |
| 4 Bedrooms | $575.8K | $528K | -8.3% |
| 5+ Bedrooms | $730K | $700K | -4.1% |
Summary: 35748 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 increased by 10.4%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Zip Codes
| 35741 | $601.4K | $657K | +9.3% |
| 35811 | $310.2K | $319K | +2.8% |
| 35748 | $500.9K | $497.8K | -0.6% |
| 35763 | $387.5K | $382.4K | -1.3% |
Housing Supply in 35748, AL
How many homes are available in 35748, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 72 | +4.3% |
Summary: The 35748 real estate market had 72 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 21 | 25 | +19.0% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 35748 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 remained the same, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35748, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 35748 in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 35748, AL
We’re sorry, we don't have information for this market at the moment
