Is 35952, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35952 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 35952 was a Buyer's Market.

Key Takeaway

35952 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 35952, AL

How much do homes in 35952, AL cost?

Median Sold Price

$155,000

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$59,000(-27.6%)

Key Takeaway

Homes in 35952 have sold for 27.6% less than they did a month ago.

Summary: The median home sold price in 35952 was $155,000 in November 2024, down 27.6% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $214K$155K
-27.6%
4 --
N/A
5+ --
N/A

Summary: 35952 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 27.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35121
-6.1%
35952
-27.6%

Housing Supply in 35952, AL

How many homes are available in 35952, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The 35952 real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1111
0.0%
4 77
0.0%
5+ 00
0.0%

Summary: The 35952 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35952, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 35952 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 35952, AL

How long does it take to sell a home in 35952, AL?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 35952 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 35952; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in 35952, AL

Nearby Markets to 35952, AL