$3,205 Closing Credit*
$269,900
1,732 SqFt
3 Beds
•2 Full Baths
Teri Acker, Listing Office: Kelly Right Real Estate of Ala
Is 36203, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 36203 was a Buyer's Market.
Key Takeaway
36203 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36203, AL
How much do homes in 36203, AL cost?
Median Sold Price
$207,450
$124/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$19,020(-8.4%)
Key Takeaway
Homes in 36203 have sold for 8.4% less than they did a month ago.
Summary: The median home sold price in 36203 was $207,450 in November 2024, down 8.4% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $57.5K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $216K | $207.4K | -4.0% |
| 4 Bedrooms | $349.6K | $289.9K | -17.1% |
| 5+ Bedrooms | $350K | $175K | -50.0% |
Summary: 36203 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 50%.
Median Sold Price Compared To Nearby Zip Codes
| 36201 | $54K | $86K | +59.4% |
| 36203 | $226.4K | $207.4K | -8.4% |
| 36260 | $190K | $172.4K | -9.2% |
Housing Supply in 36203, AL
How many homes are available in 36203, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 85 | -2.3% |
Summary: The 36203 real estate market had 85 homes for sale in November 2024, a 2.3% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 53 | 49 | -7.5% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 36203 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 remained the same, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36203, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 36203 in November 2024, up by 66.7% month-over-month. Of the 20 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.
Days on Market for 36203, AL
How long does it take to sell a home in 36203, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 63 Days | +11.2% |
Summary: Homes in 36203 had an average of 63 days on market in Nov 2024, up by 11.2% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 36203 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 36203; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
