$4,453 Closing Credit*
$375,000
3,866 SqFt
5 Beds
•3 Full Baths, 1 Partial
Listing Office: Capstone Realty Stovehouse
Is 35802, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 35802 has remained a Neutral Market.
Key Takeaway
35802 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 35802, AL
How much do homes in 35802, AL cost?
Median Sold Price
$365,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+4.3%)
Key Takeaway
Homes in 35802 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 35802 was $365,000 in October 2024, up 4.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144K | $150K | +4.2% |
| 2 Bedrooms | $185.5K | $197.4K | +6.4% |
| 3 Bedrooms | $320K | $325K | +1.6% |
| 4 Bedrooms | $400K | $402.5K | +0.6% |
| 5+ Bedrooms | $595K | $615K | +3.4% |
Summary: 35802 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Zip Codes
| 35801 | $415K | $443.6K | +6.9% |
| 35803 | $312.8K | $329.9K | +5.5% |
| 35802 | $350K | $365K | +4.3% |
| 35805 | $188K | $184.9K | -1.6% |
Housing Supply in 35802, AL
How many homes are available in 35802, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 156 | 158 | +1.3% |
Summary: The 35802 real estate market had 158 homes for sale in October 2024, a 1.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 17 | 23 | +35.3% |
| 3 Bedrooms | 50 | 50 | 0.0% |
| 4 Bedrooms | 57 | 54 | -5.3% |
| 5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The 35802 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 35.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35802, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 35802 in October 2024, down by 20.0% month-over-month. Of the 24 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for 35802, AL
We’re sorry, we don't have information for this market at the moment
