$1,780 Closing Credit*
$149,900
1,320 SqFt
3 Beds
•2 Full Baths
Taylor Lee, Listing Office: PHD Realty, LLC
Is 36502, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 36502 has remained a Seller's Market.
Key Takeaway
36502 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36502, AL
How much do homes in 36502, AL cost?
Median Sold Price
$195,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,100(+2.7%)
Key Takeaway
Homes in 36502 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 36502 was $195,000 in November 2024, up 2.7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $139.9K | $104.5K | -25.3% |
| 3 Bedrooms | $193K | $190K | -1.6% |
| 4 Bedrooms | $198.1K | $252K | +27.2% |
| 5+ Bedrooms | $397.5K | $257.5K | -35.2% |
Summary: 36502 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 decreased by 25.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes decreased by 35.2%.
Housing Supply in 36502, AL
How many homes are available in 36502, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 79 | -10.2% |
Summary: The 36502 real estate market had 79 homes for sale in November 2024, a 10.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 45 | 39 | -13.3% |
| 4 Bedrooms | 30 | 28 | -6.7% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 36502 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 increased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36502, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 36502 in November 2024, down by 11.8% month-over-month. Of the 15 sold homes, 47% were sold under asking, 53% were sold at asking, and 0% were sold over asking.
Days on Market for 36502, AL
How long does it take to sell a home in 36502, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 51 Days | +70.2% |
Summary: Homes in 36502 had an average of 51 days on market in Nov 2024, up by 70.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36502 has remained consistent over time.
Summary: During November 2024, 15 homes were sold in 36502; 13% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 