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 December 2023

At the same time last year, 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

$225,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$46,500(-17.1%)

Key Takeaway

Homes in 35973 have sold for 17.1% less than they did a year ago.

Summary: The median home sold price in 35973 was $225,000 in December 2024, down 17.1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $140K$190K
+35.7%
2 $280K$459.2K
+64.0%
3 $260K$222.5K
-14.4%
4 $319K-
N/A
5+ --
N/A

Summary: 35973 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 64%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35984
+12.7%
35967
+2.6%
35959
-1.0%
35973
-17.1%

Housing Supply in 35973, AL

How many homes are available in 35973, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
990.0%

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

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 12
+100.0%
3 43
-25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 35973 housing inventory by bedroom type for December 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

Nov 2024Dec 2024CHANGE
110.0%

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 December 2024, the same as the previous 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

How long does it take to sell a home in 35973, AL?

Average Sale Time

Dec 2023Dec 2024CHANGE
76 Days88 Days+15.8%

Summary: Homes in 35973 had an average of 88 days on market in Dec 2024, up by 15.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 35973 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 35973; 0% of homes were sold within 30 days, 100% 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 13 Days Ago

Newest Listings in 35973, AL

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