Is 35756, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35756 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 35756 has remained a Seller's Market.

Key Takeaway

35756 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35756, AL

How much do homes in 35756, AL cost?

Median Sold Price

$387,763

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$22,808(+6.2%)

Key Takeaway

Homes in 35756 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 35756 was $387,763 in December 2024, up 6.2% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $225.5K$232K
+2.9%
3 $303.9K$299.9K
-1.3%
4 $384K$422.5K
+10.0%
5+ $541.4K$535K
-1.2%

Summary: 35756 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

35824
+8.8%
35756
+6.2%
35758
+5.3%

Housing Supply in 35756, AL

How many homes are available in 35756, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
273249-8.8%

Summary: The 35756 real estate market had 249 homes for sale in December 2024, a 8.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 10580
-23.8%
4 116117
+0.9%
5+ 4950
+2.0%

Summary: The 35756 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5049-2.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35756, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 35756 in December 2024, down by 2.0% month-over-month. Of the 49 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.

Days on Market for 35756, 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 6 Days Ago

Newest Listings in 35756, AL

Nearby Markets to 35756, AL