Is 35757, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35757 is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 35757 was a Seller's Market.

Key Takeaway

35757 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35757, AL

How much do homes in 35757, AL cost?

Median Sold Price

$383,924

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$16,075(-4.0%)

Key Takeaway

Homes in 35757 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 35757 was $383,924 in September 2024, down 4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $277.5K$240K
-13.5%
3 $328K$317K
-3.4%
4 $449.7K$450K
0.1%
5+ $550.2K$579.9K
+5.4%

Summary: 35757 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

35758
+7.4%
35756
+5.6%
35749
+0.9%
35806
-2.5%
35757
-4.0%

Housing Supply in 35757, AL

How many homes are available in 35757, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
147162+10.2%

Summary: The 35757 real estate market had 162 homes for sale in September 2024, a 10.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 6784
+25.4%
4 5856
-3.4%
5+ 2020
0.0%

Summary: The 35757 housing inventory by bedroom type for September 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 25.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
22220.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35757, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 35757 in September 2024, the same as the previous month. Of the 21 sold homes, 48% were sold under asking, 48% were sold at asking, and 5% were sold over asking.

Days on Market for 35757, 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 29 Days Ago

Newest Listings in 35757, AL

Nearby Markets to 35757, AL