$2,375 Closing Credit*
$199,999
1,504 SqFt
3 Beds
•2 Full Baths
Listing Office: Chanda Davis Real Estate
Is 35816, 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, 35816 has remained a Seller's Market.
Key Takeaway
35816 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35816, AL
How much do homes in 35816, AL cost?
Median Sold Price
$197,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+12.6%)
Key Takeaway
Homes in 35816 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 35816 was $197,000 in October 2024, up 12.6% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $116.5K | +37.1% |
| 2 Bedrooms | $130K | $139.9K | +7.7% |
| 3 Bedrooms | $178.3K | $204K | +14.4% |
| 4 Bedrooms | $205K | $213.4K | +4.1% |
| 5+ Bedrooms | $312.4K | $304K | -2.7% |
Summary: 35816 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Zip Codes
| 35816 | $175K | $197K | +12.6% |
| 35805 | $188K | $184.9K | -1.6% |
Housing Supply in 35816, AL
How many homes are available in 35816, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 46 | +35.3% |
Summary: The 35816 real estate market had 46 homes for sale in October 2024, a 35.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 35816 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 42.9%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 9 | +800.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35816, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 35816 in October 2024, up by 800.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 35816, AL
We’re sorry, we don't have information for this market at the moment
