$653 Closing Credit*
$55,000
1,099 SqFt
3 Beds
•2 Full Baths
Tytrena Fields, Listing Office: CORE International Realty
Is 36110, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 36110 was a Seller's Market.
Key Takeaway
36110 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 36110, AL
How much do homes in 36110, AL cost?
Median Sold Price
$58,900
$52/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,100(-13.4%)
Key Takeaway
Homes in 36110 have sold for 13.4% less than they did a year ago.
Summary: The median home sold price in 36110 was $58,900 in November 2024, down 13.4% from last year, and the median price per square foot was $52.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $25K | N/A |
| 2 Bedrooms | $33.2K | $31K | -6.8% |
| 3 Bedrooms | $69.5K | $60K | -13.7% |
| 4 Bedrooms | $75K | $73.4K | -2.0% |
| 5+ Bedrooms | $449.9K | $301.9K | -32.9% |
Summary: 36110 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 6.8%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 32.9%.
Housing Supply in 36110, AL
How many homes are available in 36110, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 54 | -14.3% |
Summary: The 36110 real estate market had 54 homes for sale in November 2024, a 14.3% decrease 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 | 15 | 14 | -6.7% |
| 3 Bedrooms | 40 | 30 | -25.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 36110 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 6.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 9 | -64.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36110, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 36110 in November 2024, down by 64.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 36110, AL
How long does it take to sell a home in 36110, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 38 Days | -47.1% |
Summary: Homes in 36110 had an average of 38 days on market in Nov 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 36110 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 36110; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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