$3,205 Closing Credit*
$269,900
1,913 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jimmy Austin, Listing Office: Century 21 Prestige
Is 36117, 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, 36117 was a Seller's Market.
Key Takeaway
36117 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 36117, AL
How much do homes in 36117, AL cost?
Median Sold Price
$269,950
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,092(+7.6%)
Key Takeaway
Homes in 36117 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 36117 was $269,950 in November 2024, up 7.6% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $121.5K | +5.7% |
| 2 Bedrooms | $146K | $143K | -2.1% |
| 3 Bedrooms | $204.6K | $221K | +8.0% |
| 4 Bedrooms | $332K | $331.6K | -0.1% |
| 5+ Bedrooms | $460K | $485K | +5.4% |
Summary: 36117 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 36117, AL
How many homes are available in 36117, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 344 | 332 | -3.5% |
Summary: The 36117 real estate market had 332 homes for sale in November 2024, a 3.5% 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 | 140 | 141 | +0.7% |
| 4 Bedrooms | 151 | 140 | -7.3% |
| 5+ Bedrooms | 41 | 40 | -2.4% |
Summary: The 36117 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 increased by 0.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 54 | -18.2% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36117, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 36117 in November 2024, down by 18.2% month-over-month. Of the 54 sold homes, 67% were sold under asking, 30% were sold at asking, and 4% were sold over asking.
Days on Market for 36117, AL
How long does it take to sell a home in 36117, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 76 Days | -2.8% |
Summary: Homes in 36117 had an average of 76 days on market in Nov 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36117 has remained consistent over time.
Summary: During November 2024, 54 homes were sold in 36117; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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