$2,374 Closing Credit*
$199,900
1,512 SqFt
3 Beds
•2 Full Baths
Betty McGinnis, Listing Office: Kelly Right Real Estate of Ala
Is 36207, 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, 36207 was a Buyer's Market.
Key Takeaway
36207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36207, AL
How much do homes in 36207, AL cost?
Median Sold Price
$209,950
$115/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$15,050(-6.7%)
Key Takeaway
Homes in 36207 have sold for 6.7% less than they did a month ago.
Summary: The median home sold price in 36207 was $209,950 in November 2024, down 6.7% from last month, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $130K | N/A |
| 3 Bedrooms | $165K | $195.9K | +18.8% |
| 4 Bedrooms | $307.9K | $272.5K | -11.5% |
| 5+ Bedrooms | $428.7K | - | N/A |
Summary: 36207 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 increased by 18.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Housing Supply in 36207, AL
How many homes are available in 36207, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 75 | +10.3% |
Summary: The 36207 real estate market had 75 homes for sale in November 2024, a 10.3% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 36207 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 33.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36207, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 36207 in November 2024, up by 77.8% month-over-month. Of the 16 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.
Days on Market for 36207, AL
How long does it take to sell a home in 36207, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 87 Days | +103.4% |
Summary: Homes in 36207 had an average of 87 days on market in Nov 2024, up by 103.4% compared to last month.
Breakdown of Home Sale Times
5 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 36207 has remained consistent over time.
Summary: During November 2024, 16 homes were sold in 36207; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Information is deemed to be reliable, but is not guaranteed. © 2024 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.