Is 36250, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36250 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 36250 has remained a Seller's Market.

Key Takeaway

36250 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36250, AL

How much do homes in 36250, AL cost?

Median Sold Price

$188,900

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$30,100(-13.7%)

Key Takeaway

Homes in 36250 have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in 36250 was $188,900 in November 2024, down 13.7% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$75K
N/A
3 $251.5K$214.4K
-14.7%
4 $190K-
N/A
5+ --
N/A

Summary: 36250 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 14.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

36206
+20.0%
36271
+15.8%
36250
-13.7%
36277
-31.5%

Housing Supply in 36250, AL

How many homes are available in 36250, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The 36250 real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 78
+14.3%
5+ 00
0.0%

Summary: The 36250 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 14.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36250, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 36250 in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 36250, AL

How long does it take to sell a home in 36250, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days19 Days-51.3%

Summary: Homes in 36250 had an average of 19 days on market in Nov 2024, down by 51.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 36250 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 36250; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 36250, AL

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