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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36426 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 36426 was a Seller's Market.

Key Takeaway

36426 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36426, AL

How much do homes in 36426, AL cost?

Median Sold Price

$172,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 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 October 2024, up 7.8% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $104K$189K
+81.7%
3 $164.5K$141.7K
-13.8%
4 $189K$252.5K
+33.6%
5+ $205.2K$324.5K
+58.1%

Summary: 36426 housing prices by bedroom type for October 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 13.8%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes increased by 58.1%.

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

Sep 2024Oct 2024CHANGE
3442+23.5%

Summary: The 36426 real estate market had 42 homes for sale in October 2024, a 23.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 1924
+26.3%
4 89
+12.5%
5+ 34
+33.3%

Summary: The 36426 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was 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 36426, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 36426 in October 2024, down by 42.9% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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 17 Days Ago

Newest Listings in 36426, AL

Nearby Markets to 36426, AL