Is 35980, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35980 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 35980 was a Seller's Market.

Key Takeaway

35980 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35980, AL

How much do homes in 35980, AL cost?

Median Sold Price

$274,250

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,750(+9.5%)

Key Takeaway

Homes in 35980 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 35980 was $274,250 in October 2024, up 9.5% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$49.5K
N/A
2 $95K$137.4K
+44.7%
3 $241K$269.5K
+11.8%
4 $308.8K$470K
+52.2%
5+ --
N/A

Summary: 35980 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 44.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35980
+9.5%
35957
+5.2%
35950
+4.9%

Housing Supply in 35980, AL

How many homes are available in 35980, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1316+23.1%

Summary: The 35980 real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 68
+33.3%
4 34
+33.3%
5+ 22
0.0%

Summary: The 35980 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 increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

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 35980, 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 35980 in October 2024, up by 100.0% 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 35980, 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 35980, AL

Nearby Markets to 35980, AL