Is 35760, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35760 is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, 35760 has remained a Seller's Market.

Key Takeaway

35760 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35760, AL

How much do homes in 35760, AL cost?

Median Sold Price

$262,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$27,000(+11.5%)

Key Takeaway

Homes in 35760 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 35760 was $262,000 in September 2024, up 11.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $199K$135K
-32.2%
3 $223K$263.5K
+18.2%
4 $360K$282.7K
-21.5%
5+ --
N/A

Summary: 35760 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 32.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 21.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35760
+11.5%
35747
+9.6%
35803
+7.5%
35763
-0.7%
35748
-6.4%

Housing Supply in 35760, AL

How many homes are available in 35760, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2023+15.0%

Summary: The 35760 real estate market had 23 homes for sale in September 2024, a 15.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1519
+26.7%
4 33
0.0%
5+ 00
0.0%

Summary: The 35760 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 decreased by 50%, 3 bedroom homes increased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35760, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 35760 in September 2024, up by 300.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for 35760, 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 35760, AL

Nearby Markets to 35760, AL