$130,000
5.70 Acres
Land
Listing Office: Susie Weems Real Estate, LLC
Is 35903, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 35903 has remained a Seller's Market.
Key Takeaway
35903 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35903, AL
How much do homes in 35903, AL cost?
Median Sold Price
$160,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,900(-1.2%)
Key Takeaway
Homes in 35903 have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in 35903 was $160,000 in November 2024, down 1.2% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $47K | $69.9K | +48.7% |
| 3 Bedrooms | $179.7K | $177.5K | -1.2% |
| 4 Bedrooms | $224.9K | $235K | +4.5% |
| 5+ Bedrooms | $268.2K | $330K | +23.0% |
Summary: 35903 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 48.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Zip Codes
| 35901 | $235K | $248K | +5.5% |
| 35903 | $161.9K | $160K | -1.2% |
| 35905 | $238.5K | $196.8K | -17.5% |
Housing Supply in 35903, AL
How many homes are available in 35903, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 71 | +2.9% |
Summary: The 35903 real estate market had 71 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 46 | 43 | -6.5% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 35903 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 increased by 20%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35903, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 35903 in November 2024, the same as the previous month. Of the 13 sold homes, 54% were sold under asking, 0% were sold at asking, and 46% were sold over asking.
Days on Market for 35903, AL
How long does it take to sell a home in 35903, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35903 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 35903; 8% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
