Is 36272, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36272 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 36272 has remained a Seller's Market.

Key Takeaway

36272 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36272, AL

How much do homes in 36272, AL cost?

Median Sold Price

$227,000

$158/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$86,200(+61.2%)

Key Takeaway

Homes in 36272 have sold for 61.2% more than they did a month ago.

Summary: The median home sold price in 36272 was $227,000 in December 2024, up 61.2% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $85K$153.5K
+80.6%
3 $163.5K$263.4K
+61.1%
4 $353.2K$135K
-61.8%
5+ --
N/A

Summary: 36272 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 increased by 80.6%, 3 bedroom homes increased by 61.1%, 4 bedroom homes decreased by 61.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

36272
+61.2%
36265
+7.9%

Housing Supply in 36272, AL

How many homes are available in 36272, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4037-7.5%

Summary: The 36272 real estate market had 37 homes for sale in December 2024, a 7.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 85
-37.5%
3 2122
+4.8%
4 86
-25.0%
5+ 23
+50.0%

Summary: The 36272 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 decreased by 37.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36272, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 36272 in December 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 36272, AL

How long does it take to sell a home in 36272, AL?

Average Sale Time

Nov 2024Dec 2024CHANGE
37 Days19 Days-46.9%

Summary: Homes in 36272 had an average of 19 days on market in Dec 2024, down by 46.9% compared to last month.

Breakdown of Home Sale Times

4 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 36272 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 36272; 57% of homes were sold within 30 days, 14% 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 14 Days Ago

Newest Listings in 36272, AL

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