Is 35961, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35961 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 35961 was a Neutral Market.

Key Takeaway

35961 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 35961, AL

How much do homes in 35961, AL cost?

Median Sold Price

$122,500

$76/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$77,500(-38.8%)

Key Takeaway

Homes in 35961 have sold for 38.7% less than they did a month ago.

Summary: The median home sold price in 35961 was $122,500 in November 2024, down 38.8% from last month, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $200K$170K
-15.0%
4 -$75K
N/A
5+ --
N/A

Summary: 35961 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35962
+32.3%
35983
-30.9%
35961
-38.8%

Housing Supply in 35961, AL

How many homes are available in 35961, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The 35961 real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 43
-25.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 35961 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

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 35961, 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 35961 in November 2024, up by 100.0% month-over-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 35961, 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 35961, AL

Nearby Markets to 35961, AL