Is 35773, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35773 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 35773 was a Buyer's Market.

Key Takeaway

35773 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35773, AL

How much do homes in 35773, AL cost?

Median Sold Price

$284,950

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,050(-4.1%)

Key Takeaway

Homes in 35773 have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in 35773 was $284,950 in November 2024, down 4.1% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $152.5K$187K
+22.6%
3 $265K$252.5K
-4.7%
4 $325.9K$330K
+1.2%
5+ $460K$532.4K
+15.8%

Summary: 35773 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 increased by 22.6%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Zip Codes

35750
+5.6%
35739
+2.4%
35749
+0.8%
35773
-4.1%
35759
-4.6%

Housing Supply in 35773, AL

How many homes are available in 35773, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8276-7.3%

Summary: The 35773 real estate market had 76 homes for sale in November 2024, a 7.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 4443
-2.3%
4 2926
-10.3%
5+ 87
-12.5%

Summary: The 35773 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 decreased by 2.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2116-23.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35773, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in 35773 in November 2024, down by 23.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for 35773, AL

How long does it take to sell a home in 35773, AL?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 35773 has remained consistent over time.

Summary: During November 2024, 16 homes were sold in 35773; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 35773, AL

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