Is 36265, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36265 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 36265 was a Neutral Market.

Key Takeaway

36265 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36265, AL

How much do homes in 36265, AL cost?

Median Sold Price

$206,439

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$53,461(-20.6%)

Key Takeaway

Homes in 36265 have sold for 20.6% less than they did a month ago.

Summary: The median home sold price in 36265 was $206,439 in November 2024, down 20.6% 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 -$142.5K
N/A
3 $242.4K$204.8K
-15.5%
4 -$259.9K
N/A
5+ $520K$322.5K
-38.0%

Summary: 36265 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 15.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 38%.

Median Sold Price Compared To Nearby Zip Codes

36206
+20.0%
36265
-20.6%
36277
-31.5%

Housing Supply in 36265, AL

How many homes are available in 36265, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4853+10.4%

Summary: The 36265 real estate market had 53 homes for sale in November 2024, a 10.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3333
0.0%
4 812
+50.0%
5+ 34
+33.3%

Summary: The 36265 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
717+142.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36265, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 36265 in November 2024, up by 142.9% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.

Days on Market for 36265, AL

How long does it take to sell a home in 36265, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days71 Days+15.5%

Summary: Homes in 36265 had an average of 71 days on market in Nov 2024, up by 15.5% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36265 has remained consistent over time.

Summary: During November 2024, 17 homes were sold in 36265; 29% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% 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 20 Days Ago

Newest Listings in 36265, AL

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