Is 35973, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35973 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 35973 was a Seller's Market.

Key Takeaway

35973 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35973, AL

How much do homes in 35973, AL cost?

Median Sold Price

$185,000

$137/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$274,200(-59.7%)

Key Takeaway

Homes in 35973 have sold for 59.7% less than they did a month ago.

Summary: The median home sold price in 35973 was $185,000 in October 2024, down 59.7% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $459.2K-
N/A
3 -$185K
N/A
4 --
N/A
5+ --
N/A

Summary: 35973 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 35973, AL

How many homes are available in 35973, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The 35973 real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 55
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 35973 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35973, 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 35973 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 35973, 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 22 Days Ago

Newest Listings in 35973, AL

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