Is 36530, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36530 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 36530 was a Seller's Market.

Key Takeaway

36530 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 36530, AL

How much do homes in 36530, AL cost?

Median Sold Price

$359,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$23,500(-6.1%)

Key Takeaway

Homes in 36530 have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in 36530 was $359,000 in November 2024, down 6.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $385K$360K
-6.5%
2 $250K$312K
+24.8%
3 $350K$395K
+12.9%
4 $399.9K$304.7K
-23.8%
5+ $760K$400K
-47.4%

Summary: 36530 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 24.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 47.4%.

Median Sold Price Compared To Nearby Zip Codes

36574
+82.0%
36549
+3.7%
36535
+3.7%
36561
+3.4%
36530
-6.1%

Housing Supply in 36530, AL

How many homes are available in 36530, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8168-16.0%

Summary: The 36530 real estate market had 68 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 118
-27.3%
3 3126
-16.1%
4 2722
-18.5%
5+ 65
-16.7%

Summary: The 36530 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36530, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 36530 in November 2024, down by 31.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for 36530, AL

How long does it take to sell a home in 36530, AL?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36530 has remained consistent over time.

Summary: During November 2024, 11 homes were sold in 36530; 0% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 36530, AL

Nearby Markets to 36530, AL