$399,000
6.03 Acres
Land
Francine Carstensen, Listing Office: Elite Real Estate Solutions, LLC
Is 36532, 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, 36532 has remained a Seller's Market.
Key Takeaway
36532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36532, AL
How much do homes in 36532, AL cost?
Median Sold Price
$474,747
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,533(+5.4%)
Key Takeaway
Homes in 36532 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 36532 was $474,747 in October 2024, up 5.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355.7K | $369.2K | +3.8% |
| 2 Bedrooms | $299.5K | $355K | +18.5% |
| 3 Bedrooms | $399.9K | $420K | +5.0% |
| 4 Bedrooms | $506.2K | $488.1K | -3.6% |
| 5+ Bedrooms | $750K | $699K | -6.8% |
Summary: 36532 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 6.8%.
Housing Supply in 36532, AL
How many homes are available in 36532, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 486 | 498 | +2.5% |
Summary: The 36532 real estate market had 498 homes for sale in October 2024, a 2.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 49 | 50 | +2.0% |
| 3 Bedrooms | 169 | 197 | +16.6% |
| 4 Bedrooms | 210 | 195 | -7.1% |
| 5+ Bedrooms | 58 | 56 | -3.4% |
Summary: The 36532 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 3.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 91 | +23.0% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36532, you may be able to get a good deal. 68.5% of homes here sold below asking price last month.
Summary: A total of 91 homes were sold or pending in 36532 in October 2024, up by 23.0% month-over-month. Of the 89 sold homes, 69% were sold under asking, 25% were sold at asking, and 7% were sold over asking.
Days on Market for 36532, AL
We’re sorry, we don't have information for this market at the moment
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