Is 35904, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35904 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 35904 has remained a Seller's Market.

Key Takeaway

35904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35904, AL

How much do homes in 35904, AL cost?

Median Sold Price

$129,950

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$21,450(+19.8%)

Key Takeaway

Homes in 35904 have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in 35904 was $129,950 in December 2024, up 19.8% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$83.8K
N/A
2 $60K$60.2K
0.4%
3 $119K$155.4K
+30.6%
4 $217.4K$201.9K
-7.1%
5+ $285K$185K
-35.1%

Summary: 35904 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 30.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 35.1%.

Median Sold Price Compared To Nearby Zip Codes

35904
+19.8%
35954
+17.9%
35906
+4.2%
35901
+1.9%

Housing Supply in 35904, AL

How many homes are available in 35904, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
67670.0%

Summary: The 35904 real estate market had 67 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 3434
0.0%
4 1616
0.0%
5+ 33
0.0%

Summary: The 35904 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35904, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 35904 in December 2024, up by 71.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.

Days on Market for 35904, AL

How long does it take to sell a home in 35904, 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 35904 has remained consistent over time.

Summary: During December 2024, 12 homes were sold in 35904; 0% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 35904, AL

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