$200,000
4.00 Acres
Land
The Dusty Cole Team, Listing Office: RE/MAX of Orange Beach
Is 36530, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 36530 has remained a Seller's Market.
Key Takeaway
36530 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36530, AL
How much do homes in 36530, AL cost?
Median Sold Price
$345,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$54,000(-13.5%)
Key Takeaway
Homes in 36530 have sold for 13.5% less than they did a year ago.
Summary: The median home sold price in 36530 was $345,000 in October 2024, down 13.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $360K | -6.5% |
| 2 Bedrooms | $229.1K | $281K | +22.6% |
| 3 Bedrooms | $370K | $374.5K | +1.2% |
| 4 Bedrooms | $490K | $308.2K | -37.1% |
| 5+ Bedrooms | $1.3M | $400K | -71.0% |
Summary: 36530 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 37.1%, and 5+ bedroom homes decreased by 71%.
Housing Supply in 36530, AL
How many homes are available in 36530, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 83 | +10.7% |
Summary: The 36530 real estate market had 83 homes for sale in October 2024, a 10.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 25 | 28 | +12.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 36530 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36530, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 36530 in October 2024, up by 66.7% month-over-month. Of the 16 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.
Days on Market for 36530, AL
We’re sorry, we don't have information for this market at the moment
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 36530 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 36530; 5% 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.