Is 36092, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36092 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 36092 has remained a Seller's Market.

Key Takeaway

36092 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36092, AL

How much do homes in 36092, AL cost?

Median Sold Price

$245,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+14.0%)

Key Takeaway

Homes in 36092 have sold for 14% more than they did a year ago.

Summary: The median home sold price in 36092 was $245,000 in October 2024, up 14% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $145.9K$155K
+6.2%
3 $204.9K$230K
+12.2%
4 $281K$292.4K
+4.1%
5+ $245K$365K
+49.0%

Summary: 36092 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 6.2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 49%.

Median Sold Price Compared To Nearby Zip Codes

36025
+14.2%
36092
+14.0%
36093
+3.7%
36024
+0.8%

Housing Supply in 36092, AL

How many homes are available in 36092, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7276+5.6%

Summary: The 36092 real estate market had 76 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 3942
+7.7%
4 2221
-4.5%
5+ 34
+33.3%

Summary: The 36092 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 increased by 14.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17170.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36092, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 36092 in October 2024, the same as the previous month. Of the 17 sold homes, 53% were sold under asking, 35% were sold at asking, and 12% were sold over asking.

Days on Market for 36092, AL

How long does it take to sell a home in 36092, AL?

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days65 Days+31.1%

Summary: Homes in 36092 had an average of 65 days on market in Oct 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36092 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 36092; 24% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 18% 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 15 Days Ago

Newest Listings in 36092, AL

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