$4,988 Closing Credit*
$420,000
2,600 SqFt
4 Beds
•3 Full Baths
Listing Office: Sweet Home Alabama Real Estate
Is 35962, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 35962 was a Neutral Market.
Key Takeaway
35962 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 35962, AL
How much do homes in 35962, AL cost?
Median Sold Price
$167,000
$111/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$13,000(-7.2%)
Key Takeaway
Homes in 35962 have sold for 7.2% less than they did a month ago.
Summary: The median home sold price in 35962 was $167,000 in October 2024, down 7.2% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $169K | N/A |
| 3 Bedrooms | $210K | $148K | -29.5% |
| 4 Bedrooms | $150K | $160K | +6.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 35962 housing prices by bedroom type for October 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 29.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Housing Supply in 35962, AL
How many homes are available in 35962, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The 35962 real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 35962 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 increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 35962, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 35962 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 35962, AL
We’re sorry, we don't have information for this market at the moment
