$319,900
0.47 Acres
Land
Michelle Bigler, Listing Office: Wise Living Real Estate, LLC
Is 36526, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 36526 was a Seller's Market.
Key Takeaway
36526 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36526, AL
How much do homes in 36526, AL cost?
Median Sold Price
$325,566
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,221(+3.2%)
Key Takeaway
Homes in 36526 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 36526 was $325,566 in October 2024, up 3.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144K | $131.5K | -8.7% |
| 2 Bedrooms | $184K | $175K | -4.9% |
| 3 Bedrooms | $275K | $280.4K | +2.0% |
| 4 Bedrooms | $376.4K | $370.5K | -1.6% |
| 5+ Bedrooms | $420K | $466.4K | +11.1% |
Summary: 36526 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 36526, AL
How many homes are available in 36526, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 367 | 404 | +10.1% |
Summary: The 36526 real estate market had 404 homes for sale in October 2024, a 10.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 20 | 26 | +30.0% |
| 3 Bedrooms | 146 | 159 | +8.9% |
| 4 Bedrooms | 169 | 183 | +8.3% |
| 5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The 36526 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 51 | -16.4% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36526, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in 36526 in October 2024, down by 16.4% month-over-month. Of the 49 sold homes, 59% were sold under asking, 22% were sold at asking, and 18% were sold over asking.
Days on Market for 36526, AL
How long does it take to sell a home in 36526, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 36526 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 51 homes were sold in 36526; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.