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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35958 is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

35958 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 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 October 2023

+$61,000(+30.5%)

Key Takeaway

Homes in 35958 have sold for 30.5% more than they did a year ago.

Summary: The median home sold price in 35958 was $261,000 in October 2024, up 30.5% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $122.5K-
N/A
3 $321.3K$250.5K
-22.0%
4 $410K$202.2K
-50.7%
5+ $200K$389.9K
+95.0%

Summary: 35958 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 did not change, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 50.7%, and 5+ bedroom homes increased by 95%.

Median Sold Price Compared To Nearby Zip Codes

35958
+30.5%
35740
+6.4%
30752
+6.1%

Housing Supply in 35958, AL

How many homes are available in 35958, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The 35958 real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 88
0.0%
5+ 00
0.0%

Summary: The 35958 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 35958, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 35958 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% 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 20 Days Ago

Newest Listings in 35958, AL

Nearby Markets to 35958, AL