$2,488 Closing Credit*
$209,500
1,506 SqFt
3 Beds
•2 Full Baths
Listing Office: South Towne Realtors, LLC
Is 35950, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 35950 was a Seller's Market.
Key Takeaway
35950 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35950, AL
How much do homes in 35950, AL cost?
Median Sold Price
$230,745
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,745(+4.9%)
Key Takeaway
Homes in 35950 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 35950 was $230,745 in October 2024, up 4.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.8K | - | N/A |
| 2 Bedrooms | $154.7K | $135K | -12.7% |
| 3 Bedrooms | $218K | $225K | +3.2% |
| 4 Bedrooms | $249.4K | $251.2K | +0.7% |
| 5+ Bedrooms | $517.5K | $319K | -38.4% |
Summary: 35950 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 decreased by 12.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 38.4%.
Median Sold Price Compared To Nearby Zip Codes
| 35951 | $209.9K | $241.2K | +14.9% |
| 35980 | $250.5K | $274.2K | +9.5% |
| 35957 | $190K | $199.9K | +5.2% |
| 35950 | $220K | $230.7K | +4.9% |
| 35976 | $355K | $349.5K | -1.5% |
Housing Supply in 35950, AL
How many homes are available in 35950, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 83 | -3.5% |
Summary: The 35950 real estate market had 83 homes for sale in October 2024, a 3.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 35950 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 10 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35950, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 35950 in October 2024, down by 54.5% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.
Days on Market for 35950, AL
We’re sorry, we don't have information for this market at the moment
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