Is 36441, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36441 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 36441 was a Buyer's Market.

Key Takeaway

36441 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 36441, AL

How much do homes in 36441, AL cost?

Median Sold Price

$337,500

$135/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$227,600(+207.1%)

Key Takeaway

Homes in 36441 have sold for 207.1% more than they did a month ago.

Summary: The median home sold price in 36441 was $337,500 in December 2024, up 207.1% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$225K
N/A
3 $109.9K-
N/A
4 -$450K
N/A
5+ --
N/A

Summary: 36441 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 36441, AL

How many homes are available in 36441, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1112+9.1%

Summary: The 36441 real estate market had 12 homes for sale in December 2024, a 9.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 55
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The 36441 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36441, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 36441 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 36441, AL

How long does it take to sell a home in 36441, AL?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 36441 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 36441; 50% of homes were sold within 30 days, 0% 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 36441, AL

Nearby Markets to 36441, AL