$6,175 Closing Credit*
$520,000
3,650 SqFt
5 Beds
•2 Full Baths, 2 Partial
Listing Office: Capstone Realty
Is 35802, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 35802 was a Seller's 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
$369,166
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,166(+5.5%)
Key Takeaway
Homes in 35802 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 35802 was $369,166 in November 2024, up 5.5% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $150K | +3.4% |
| 2 Bedrooms | $181K | $199.9K | +10.5% |
| 3 Bedrooms | $320K | $330K | +3.1% |
| 4 Bedrooms | $389.3K | $410K | +5.3% |
| 5+ Bedrooms | $592.5K | $654K | +10.4% |
Summary: 35802 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Zip Codes
| 35802 | $350K | $369.1K | +5.5% |
| 35801 | $423.3K | $439.8K | +3.9% |
| 35803 | $319.2K | $323K | +1.2% |
| 35805 | $189.9K | $180K | -5.2% |
Housing Supply in 35802, AL
How many homes are available in 35802, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 152 | 157 | +3.3% |
Summary: The 35802 real estate market had 157 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 14 | +16.7% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 46 | 47 | +2.2% |
| 4 Bedrooms | 53 | 57 | +7.5% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The 35802 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35802, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 35802 in November 2024, down by 17.2% month-over-month. Of the 24 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% were sold over asking.
Days on Market for 35802, AL
How long does it take to sell a home in 35802, 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
Key Takeaway
Avg time on Rocket Homes in 35802 has remained consistent over time.
Summary: During November 2024, 24 homes were sold in 35802; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
