Is 35759, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35759 is a neutral's market

Buyer's
Market

Difference Since September 2023

Since last year, 35759 has remained a Neutral Market.

Key Takeaway

35759 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 35759, AL

How much do homes in 35759, AL cost?

Median Sold Price

$328,276

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$24,145(-6.9%)

Key Takeaway

Homes in 35759 have sold for 6.9% less than they did a year ago.

Summary: The median home sold price in 35759 was $328,276 in September 2024, down 6.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $140K$80K
-42.9%
3 $291.1K$277K
-4.8%
4 $379.9K$359.9K
-5.3%
5+ $449.9K$452.7K
+0.6%

Summary: 35759 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 42.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

35810
+3.3%
35750
+3.2%
35811
+1.8%
35773
-5.6%
35759
-6.9%

Housing Supply in 35759, AL

How many homes are available in 35759, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
162168+3.7%

Summary: The 35759 real estate market had 168 homes for sale in September 2024, a 3.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 6166
+8.2%
4 9594
-1.1%
5+ 68
+33.3%

Summary: The 35759 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 8.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2827-3.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35759, expect to pay close to the asking price. 40.7% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in 35759 in September 2024, down by 3.6% month-over-month. Of the 27 sold homes, 37% were sold under asking, 41% were sold at asking, and 22% were sold over asking.

Days on Market for 35759, 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 Sep 1, 2024

Newest Listings in 35759, AL

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