Is 35755, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35755 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 35755 has remained a Neutral Market.

Key Takeaway

35755 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 35755, AL

How much do homes in 35755, AL cost?

Median Sold Price

$1,600,000

$320/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,250,001(+357.1%)

Key Takeaway

Homes in 35755 have sold for 357.1% more than they did a month ago.

Summary: The median home sold price in 35755 was $1,600,000 in October 2024, up 357.1% from last month, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $349.9K-
N/A
4 -$1.6M
N/A
5+ --
N/A

Summary: 35755 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 35755, AL

How many homes are available in 35755, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The 35755 real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 22
0.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The 35755 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 35755, 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 35755 in October 2024, the same as the previous 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 35755, 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 20 Days Ago

Newest Listings in 35755, AL

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