Is 35754, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35754 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 35754 has remained a Buyer's Market.

Key Takeaway

35754 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35754, AL

How much do homes in 35754, AL cost?

Median Sold Price

$280,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$27,500(-8.9%)

Key Takeaway

Homes in 35754 have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in 35754 was $280,000 in October 2024, down 8.9% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$206K
+37.3%
3 $255K$239.9K
-5.9%
4 $530K$529K
-0.2%
5+ $1.1M$771.2K
-34.4%

Summary: 35754 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 37.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 34.4%.

Median Sold Price Compared To Nearby Zip Codes

35803
+5.5%
35670
-0.4%
35754
-8.9%

Housing Supply in 35754, AL

How many homes are available in 35754, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128-33.3%

Summary: The 35754 real estate market had 8 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 63
-50.0%
4 53
-40.0%
5+ 11
0.0%

Summary: The 35754 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was 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 35754, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 35754 in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 35754, 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 35754, AL

Nearby Markets to 35754, AL