$10,000
0.70 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 October 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
$159,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$450(-0.3%)
Key Takeaway
The sold price of homes in 35903 has remained the same since last year.
Summary: The median home sold price in 35903 was $159,500 in October 2024, down 0.3% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $45K | $66.9K | +48.8% |
| 3 Bedrooms | $170K | $177.5K | +4.4% |
| 4 Bedrooms | $224.9K | $235K | +4.5% |
| 5+ Bedrooms | $268.2K | $330K | +23.0% |
Summary: 35903 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 increased by 48.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Zip Codes
| 35983 | $270K | $340K | +25.9% |
| 35901 | $214.7K | $241.7K | +12.6% |
| 35903 | $159.9K | $159.5K | -0.3% |
| 35905 | $219K | $194.4K | -11.2% |
Housing Supply in 35903, AL
How many homes are available in 35903, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 70 | +4.5% |
Summary: The 35903 real estate market had 70 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 41 | 47 | +14.6% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 35903 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 decreased by 17.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35903, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 35903 in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% 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
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 35903 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 13 homes were sold in 35903; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
