Is 35750, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35750 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 35750 has remained a Buyer's Market.

Key Takeaway

35750 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35750, AL

How much do homes in 35750, AL cost?

Median Sold Price

$318,635

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,710(+2.8%)

Key Takeaway

Homes in 35750 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 35750 was $318,635 in October 2024, up 2.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$35K
N/A
2 $177.5K$175K
-1.4%
3 $259.9K$273.2K
+5.1%
4 $344K$359.9K
+4.6%
5+ $465K$478.8K
+3.0%

Summary: 35750 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 1.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

35750
+2.8%
35761
0.4%
35773
-4.1%
35759
-6.2%

Housing Supply in 35750, AL

How many homes are available in 35750, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
169157-7.1%

Summary: The 35750 real estate market had 157 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 7966
-16.5%
4 7573
-2.7%
5+ 1114
+27.3%

Summary: The 35750 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 decreased by 16.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3221-34.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35750, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in 35750 in October 2024, down by 34.4% month-over-month. Of the 21 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.

Days on Market for 35750, AL

How long does it take to sell a home in 35750, AL?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 35750 has remained consistent over time.

Summary: During October 2024, 21 homes were sold in 35750; 0% of homes were sold within 30 days, 5% 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 20 Days Ago

Newest Listings in 35750, AL

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