$1,841 Closing Credit*
$155,000
1,407 SqFt
3 Beds
•2 Full Baths
Laura W. Morris, Listing Office: Realty Central
Is 36109, 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, 36109 has remained a Seller's Market.
Key Takeaway
36109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36109, AL
How much do homes in 36109, AL cost?
Median Sold Price
$159,187
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,887(+6.6%)
Key Takeaway
Homes in 36109 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 36109 was $159,187 in November 2024, up 6.6% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $79.5K | $112.4K | +41.4% |
| 3 Bedrooms | $140K | $144.7K | +3.4% |
| 4 Bedrooms | $176.7K | $187K | +5.8% |
| 5+ Bedrooms | $199.7K | $249.5K | +24.9% |
Summary: 36109 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 increased by 41.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 24.9%.
Housing Supply in 36109, AL
How many homes are available in 36109, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 187 | 182 | -2.7% |
Summary: The 36109 real estate market had 182 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 117 | 112 | -4.3% |
| 4 Bedrooms | 50 | 51 | +2.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 36109 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 decreased by 8.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 31 | -29.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36109, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 36109 in November 2024, down by 29.5% month-over-month. Of the 31 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% were sold over asking.
Days on Market for 36109, AL
How long does it take to sell a home in 36109, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 78 Days | +79.6% |
Summary: Homes in 36109 had an average of 78 days on market in Nov 2024, up by 79.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36109 has remained consistent over time.
Summary: During November 2024, 31 homes were sold in 36109; 19% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 