$4,144 Closing Credit*
$349,000
2,650 SqFt
2 Beds
•2 Full Baths
Listing Office: Corporate South Realty,Inc
Is 35907, 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, 35907 has remained a Seller's Market.
Key Takeaway
35907 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35907, AL
How much do homes in 35907, AL cost?
Median Sold Price
$262,400
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,200(+0.8%)
Key Takeaway
Homes in 35907 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 35907 was $262,400 in November 2024, up 0.8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $97.5K | $178K | +82.6% |
| 3 Bedrooms | $240K | $245K | +2.1% |
| 4 Bedrooms | $334.9K | $365K | +9.0% |
| 5+ Bedrooms | $298K | $690K | +131.5% |
Summary: 35907 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 82.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 131.5%.
Median Sold Price Compared To Nearby Zip Codes
| 35906 | $237.2K | $254.9K | +7.5% |
| 35901 | $235K | $248K | +5.5% |
| 35907 | $260.2K | $262.4K | +0.8% |
| 35905 | $238.5K | $196.8K | -17.5% |
Housing Supply in 35907, AL
How many homes are available in 35907, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 64 | 0.0% |
Summary: The 35907 real estate market had 64 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 45 | 42 | -6.7% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 35907 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
8 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 35907, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 35907 in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for 35907, AL
How long does it take to sell a home in 35907, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 35907 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 35907; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
