Is 36271, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36271 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 36271 has remained a Seller's Market.

Key Takeaway

36271 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36271, AL

How much do homes in 36271, AL cost?

Median Sold Price

$266,000

$141/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$23,500(-8.1%)

Key Takeaway

Homes in 36271 have sold for 8.1% less than they did a month ago.

Summary: The median home sold price in 36271 was $266,000 in December 2024, down 8.1% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $289.5K$266K
-8.1%
4 --
N/A
5+ --
N/A

Summary: 36271 housing prices by bedroom type for December 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 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

36250
+55.3%
36271
-8.1%

Housing Supply in 36271, AL

How many homes are available in 36271, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
79+28.6%

Summary: The 36271 real estate market had 9 homes for sale in December 2024, a 28.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 14
+300.0%
5+ 00
0.0%

Summary: The 36271 housing inventory by bedroom type for December 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 25%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36271, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 36271 in December 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 36271, AL

How long does it take to sell a home in 36271, AL?

Average Sale Time

Nov 2024Dec 2024CHANGE
2 Days164 Days+8125.0%

Summary: Homes in 36271 had an average of 164 days on market in Dec 2024, up by 8125% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36271 has remained consistent over time.

Summary: During December 2024, 2 homes were sold in 36271; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in 36271, AL

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