Is 35768, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35768 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 35768 has remained a Seller's Market.

Key Takeaway

35768 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35768, AL

How much do homes in 35768, AL cost?

Median Sold Price

$203,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,000(+7.4%)

Key Takeaway

Homes in 35768 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 35768 was $203,000 in December 2024, up 7.4% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $110K$138.2K
+25.6%
3 $210K$213.7K
+1.8%
4 $261.9K$209.9K
-19.9%
5+ $305K-
N/A

Summary: 35768 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes did not change.

Housing Supply in 35768, AL

How many homes are available in 35768, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3839+2.6%

Summary: The 35768 real estate market had 39 homes for sale in December 2024, a 2.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2323
0.0%
4 78
+14.3%
5+ 11
0.0%

Summary: The 35768 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35768, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in 35768 in December 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 63% were sold at asking, and 0% were sold over asking.

Days on Market for 35768, 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 7 Days Ago

Newest Listings in 35768, AL

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