$3,919 Closing Credit*
$330,000
2,500 SqFt
5 Beds
•3 Full Baths
Listing Office: Sweet Home Alabama Real Estate
Is 35961, 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, 35961 was a Seller's Market.
Key Takeaway
35961 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 35961, AL
How much do homes in 35961, AL cost?
Median Sold Price
$250,000
$149/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 35961 has remained the same since last year.
Summary: The median home sold price in 35961 was $250,000 in October 2024, the same as last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $227.5K | $250K | +9.9% |
| 3 Bedrooms | $275K | $267.5K | -2.7% |
| 4 Bedrooms | $281.8K | $165K | -41.4% |
| 5+ Bedrooms | $309K | - | N/A |
Summary: 35961 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 increased by 9.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 41.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 35983 | $270K | $340K | +25.9% |
| 35961 | $250K | $250K | 0.0% |
| 35967 | $222.4K | $210K | -5.6% |
Housing Supply in 35961, AL
How many homes are available in 35961, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The 35961 real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 35961 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 decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in 35961, 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 35961 in October 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 35961, AL
We’re sorry, we don't have information for this market at the moment
