Is 36426, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36426 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 36426 has remained a Seller's Market.

Key Takeaway

36426 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36426, AL

How much do homes in 36426, AL cost?

Median Sold Price

$172,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,500(+7.8%)

Key Takeaway

Homes in 36426 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 36426 was $172,000 in November 2024, up 7.8% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $104K$189K
+81.7%
3 $157K$149.4K
-4.8%
4 $194.2K$276.7K
+42.5%
5+ $255.5K$324.5K
+27.0%

Summary: 36426 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes increased by 27%.

Median Sold Price Compared To Nearby Zip Codes

36426
+7.8%
36441
+4.9%

Housing Supply in 36426, AL

How many homes are available in 36426, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4139-4.9%

Summary: The 36426 real estate market had 39 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 2523
-8.0%
4 89
+12.5%
5+ 43
-25.0%

Summary: The 36426 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 8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36426, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 36426 in November 2024, up by 233.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for 36426, AL

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Newest Listings in 36426, AL

Nearby Markets to 36426, AL