Is 35769, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35769 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 35769 has remained a Seller's Market.

Key Takeaway

35769 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35769, AL

How much do homes in 35769, AL cost?

Median Sold Price

$307,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,500(+2.8%)

Key Takeaway

Homes in 35769 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 35769 was $307,000 in November 2024, up 2.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $265K$49.9K
-81.2%
2 $217K$261K
+20.3%
3 $240K$275K
+14.6%
4 $465K$395K
-15.1%
5+ $695K$590K
-15.1%

Summary: 35769 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 81.2%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 15.1%.

Median Sold Price Compared To Nearby Zip Codes

35769
+2.8%
35771
0.0%

Housing Supply in 35769, AL

How many homes are available in 35769, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
74740.0%

Summary: The 35769 real estate market had 74 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 4140
-2.4%
4 1821
+16.7%
5+ 76
-14.3%

Summary: The 35769 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 14.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35769, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 35769 in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 35769, 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 35769, AL

Nearby Markets to 35769, AL