Is 35776, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35776 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 35776 has remained a Seller's Market.

Key Takeaway

35776 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35776, AL

How much do homes in 35776, AL cost?

Median Sold Price

$199,900

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,100(-16.7%)

Key Takeaway

Homes in 35776 have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in 35776 was $199,900 in October 2024, down 16.7% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$152.1K
N/A
3 $209.7K$180K
-14.2%
4 $240K$343.5K
+43.1%
5+ --
N/A

Summary: 35776 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.2%, 4 bedroom homes increased by 43.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35769
+4.6%
35748
-0.6%
35776
-16.7%

Housing Supply in 35776, AL

How many homes are available in 35776, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The 35776 real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 87
-12.5%
4 12
+100.0%
5+ 00
0.0%

Summary: The 35776 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35776, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 35776 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 35776, 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 21 Days Ago

Newest Listings in 35776, AL

Nearby Markets to 35776, AL