$4,738 Closing Credit*
$399,000
2,803 SqFt
3 Beds
•3 Full Baths
Listing Office: Weiss Lake Realty
Is 35960, 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, 35960 was a Seller's Market.
Key Takeaway
35960 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35960, AL
How much do homes in 35960, AL cost?
Median Sold Price
$250,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,750(+17.2%)
Key Takeaway
Homes in 35960 have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in 35960 was $250,000 in October 2024, up 17.2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | $82.7K | +0.9% |
| 2 Bedrooms | $173K | $426.5K | +146.5% |
| 3 Bedrooms | $199.9K | $236.2K | +18.2% |
| 4 Bedrooms | $261K | $435K | +66.7% |
| 5+ Bedrooms | $534K | $524.9K | -1.7% |
Summary: 35960 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 146.5%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Zip Codes
| 35983 | $270K | $340K | +25.9% |
| 35960 | $213.2K | $250K | +17.2% |
| 35903 | $159.9K | $159.5K | -0.3% |
| 35959 | $285K | $257.9K | -9.5% |
Housing Supply in 35960, AL
How many homes are available in 35960, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 80 | +6.7% |
Summary: The 35960 real estate market had 80 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 39 | 42 | +7.7% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 35960 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 35960, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 35960 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for 35960, AL
How long does it take to sell a home in 35960, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 126 Days | 92 Days | -26.9% |
Summary: Homes in 35960 had an average of 92 days on market in Oct 2024, down by 26.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 35960 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 9 homes were sold in 35960; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.