Is 35984, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35984 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 35984 was a Seller's Market.

Key Takeaway

35984 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 35984, AL

How much do homes in 35984, AL cost?

Median Sold Price

$371,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,000(+9.1%)

Key Takeaway

Homes in 35984 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 35984 was $371,000 in October 2024, up 9.1% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $244.5K$270K
+10.4%
2 $289.9K$380.7K
+31.3%
3 $384K$377.4K
-1.7%
4 $460K$410K
-10.9%
5+ -$562.1K
N/A

Summary: 35984 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

35984
+9.1%
35967
-5.6%

Housing Supply in 35984, AL

How many homes are available in 35984, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3633-8.3%

Summary: The 35984 real estate market had 33 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 1211
-8.3%
3 1111
0.0%
4 65
-16.7%
5+ 33
0.0%

Summary: The 35984 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were 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 35984, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 35984 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 35984, 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 4 Days Ago

Newest Listings in 35984, AL

Nearby Markets to 35984, AL