Is 35960, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35960 is a buyer's market

Buyer's
Market

Difference Since November 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

$249,900

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,900(+8.7%)

Key Takeaway

Homes in 35960 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 35960 was $249,900 in November 2024, up 8.7% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $101.2K$82.7K
-18.3%
2 $173K$370K
+113.9%
3 $205K$235K
+14.6%
4 $290K$480K
+65.5%
5+ $507K$569.8K
+12.4%

Summary: 35960 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes increased by 113.9%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 65.5%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Zip Codes

35960
+8.7%
35903
-1.2%
35959
-9.5%

Housing Supply in 35960, AL

How many homes are available in 35960, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8185+4.9%

Summary: The 35960 real estate market had 85 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 79
+28.6%
2 1211
-8.3%
3 4243
+2.4%
4 2019
-5.0%
5+ 03
+100.0%

Summary: The 35960 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35960, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 35960 in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for 35960, AL

How long does it take to sell a home in 35960, AL?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 35960 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 35960; 13% of homes were sold within 30 days, 0% 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 26 Days Ago

Newest Listings in 35960, AL

Nearby Markets to 35960, AL