$10,000
0.33 Acres
Land
Freddy Odom, Listing Office: New Key Realty, LLC.
Is 36080, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 36080 has remained a Seller's Market.
Key Takeaway
36080 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36080, AL
How much do homes in 36080, AL cost?
Median Sold Price
$434,000
$204/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$156,500(+56.4%)
Key Takeaway
Homes in 36080 have sold for 56.4% more than they did a month ago.
Summary: The median home sold price in 36080 was $434,000 in October 2024, up 56.4% from last month, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | - | N/A |
| 2 Bedrooms | $181.5K | - | N/A |
| 3 Bedrooms | - | $361.7K | N/A |
| 4 Bedrooms | $589K | $434K | -26.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: 36080 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 decreased by 26.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 36080 | $277.5K | $434K | +56.4% |
| 36051 | $349.9K | $389.4K | +11.3% |
Housing Supply in 36080, AL
How many homes are available in 36080, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The 36080 real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 36080 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36080, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 36080 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 36080, AL
How long does it take to sell a home in 36080, AL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 87 Days | +63.0% |
Summary: Homes in 36080 had an average of 87 days on market in Oct 2024, up by 63% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36080 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 36080; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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