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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35760 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 35760 was a Seller's Market.

Key Takeaway

35760 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 35760, AL

How much do homes in 35760, AL cost?

Median Sold Price

$262,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,500(+12.7%)

Key Takeaway

Homes in 35760 have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in 35760 was $262,000 in November 2024, up 12.7% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $199K$144.2K
-27.5%
3 $222.5K$263.5K
+18.4%
4 $360K$292.9K
-18.6%
5+ --
N/A

Summary: 35760 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.5%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35760
+12.7%
35747
+3.0%
35803
+1.2%
35763
-1.1%
35748
-3.6%

Housing Supply in 35760, AL

How many homes are available in 35760, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The 35760 real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1920
+5.3%
4 78
+14.3%
5+ 00
0.0%

Summary: The 35760 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 35760 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 3 Days Ago

Newest Listings in 35760, AL

Nearby Markets to 35760, AL