Is 35957, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35957 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 35957 has remained a Seller's Market.

Key Takeaway

35957 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35957, AL

How much do homes in 35957, AL cost?

Median Sold Price

$199,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$4,000(+2.1%)

Key Takeaway

Homes in 35957 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 35957 was $199,000 in December 2024, up 2.1% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$35K
N/A
2 $152K$169.9K
+11.8%
3 $190K$202K
+6.3%
4 $262.5K$220K
-16.2%
5+ $308K$424.7K
+37.9%

Summary: 35957 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 11.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 37.9%.

Median Sold Price Compared To Nearby Zip Codes

35951
+27.2%
35950
+7.7%
35957
+2.1%
35956
-2.1%

Housing Supply in 35957, AL

How many homes are available in 35957, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4445+2.3%

Summary: The 35957 real estate market had 45 homes for sale in December 2024, a 2.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 2428
+16.7%
4 108
-20.0%
5+ 33
0.0%

Summary: The 35957 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 decreased by 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35957, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 35957 in December 2024, up by 66.7% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for 35957, AL

How long does it take to sell a home in 35957, 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 35957 has remained consistent over time.

Summary: During December 2024, 10 homes were sold in 35957; 0% of homes were sold within 30 days, 10% 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 35957, AL

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