Is 35958, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35958 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 35958 was a Seller's Market.

Key Takeaway

35958 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35958, AL

How much do homes in 35958, AL cost?

Median Sold Price

$261,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$60,300(-18.8%)

Key Takeaway

Homes in 35958 have sold for 18.8% less than they did a year ago.

Summary: The median home sold price in 35958 was $261,000 in November 2024, down 18.8% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $122.5K-
N/A
3 $360K$240K
-33.3%
4 $410K$240K
-41.5%
5+ $200K$389.9K
+95.0%

Summary: 35958 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 did not change, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 41.5%, and 5+ bedroom homes increased by 95%.

Median Sold Price Compared To Nearby Zip Codes

30752
+6.1%
35958
-18.8%

Housing Supply in 35958, AL

How many homes are available in 35958, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The 35958 real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 44
0.0%
4 87
-12.5%
5+ 00
0.0%

Summary: The 35958 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 decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35958, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 35958 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 35958, AL

We’re sorry, we don't have information for this market at the moment

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 35958, AL

Nearby Markets to 35958, AL