Is 35758, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35758 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 35758 was a Seller's Market.

Key Takeaway

35758 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35758, AL

How much do homes in 35758, AL cost?

Median Sold Price

$388,500

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,602(+3.6%)

Key Takeaway

Homes in 35758 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 35758 was $388,500 in November 2024, up 3.6% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $157.9K$149.5K
-5.3%
2 $186K$191.5K
+3.0%
3 $280K$305K
+8.9%
4 $450K$469K
+4.2%
5+ $600K$636.7K
+6.1%

Summary: 35758 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

35824
+8.2%
35756
+3.8%
35758
+3.6%
35806
-2.3%
35757
-3.1%

Housing Supply in 35758, AL

How many homes are available in 35758, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
235233-0.9%

Summary: The 35758 real estate market had 233 homes for sale in November 2024, a 0.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1817
-5.6%
3 7575
0.0%
4 105103
-1.9%
5+ 3638
+5.6%

Summary: The 35758 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5033-34.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35758, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 35758 in November 2024, down by 34.0% month-over-month. Of the 32 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.

Days on Market for 35758, 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 2 Days Ago

Newest Listings in 35758, AL

Nearby Markets to 35758, AL