$2,589 Closing Credit*
$218,000
1,788 SqFt
4 Beds
•2 Full Baths
Regena S. Hill, Listing Office: ARC Realty
Is 36106, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 36106 has remained a Buyer's Market.
Key Takeaway
36106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36106, AL
How much do homes in 36106, AL cost?
Median Sold Price
$200,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.6%)
Key Takeaway
Homes in 36106 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 36106 was $200,000 in November 2024, up 2.6% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $165K | $141.9K | -14.0% |
| 3 Bedrooms | $185.5K | $180.5K | -2.7% |
| 4 Bedrooms | $255.4K | $244.4K | -4.3% |
| 5+ Bedrooms | $387.4K | $401.8K | +3.7% |
Summary: 36106 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 36106, AL
How many homes are available in 36106, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 105 | 110 | +4.8% |
Summary: The 36106 real estate market had 110 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 42 | 53 | +26.2% |
| 4 Bedrooms | 46 | 40 | -13.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 36106 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 26.2%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36106, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 36106 in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 46% were sold at asking, and 8% were sold over asking.
Days on Market for 36106, AL
How long does it take to sell a home in 36106, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 114 Days | +66.3% |
Summary: Homes in 36106 had an average of 114 days on market in Nov 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36106 has remained consistent over time.
Summary: During November 2024, 13 homes were sold in 36106; 15% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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