Is 36093, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36093 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 36093 was a Neutral Market.

Key Takeaway

36093 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36093, AL

How much do homes in 36093, AL cost?

Median Sold Price

$339,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,250(+3.7%)

Key Takeaway

Homes in 36093 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 36093 was $339,000 in October 2024, up 3.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $400K-
N/A
3 $259.9K$278.5K
+7.1%
4 $366K$375.2K
+2.5%
5+ $472K$430K
-8.9%

Summary: 36093 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 did not change, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

36092
+14.0%
36117
+9.3%
36078
+8.1%
36093
+3.7%
36110
-14.3%

Housing Supply in 36093, AL

How many homes are available in 36093, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5661+8.9%

Summary: The 36093 real estate market had 61 homes for sale in October 2024, a 8.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1818
0.0%
4 3233
+3.1%
5+ 610
+66.7%

Summary: The 36093 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 remained the same, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36093, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 36093 in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.

Days on Market for 36093, AL

How long does it take to sell a home in 36093, AL?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days78 Days+91.1%

Summary: Homes in 36093 had an average of 78 days on market in Oct 2024, up by 91.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36093 has remained consistent over time.

Summary: During October 2024, 12 homes were sold in 36093; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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

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