$2,672 Closing Credit*
$225,000
1,214 SqFt
3 Beds
•1 Full Bath
The Dusty Cole Team, Listing Office: RE/MAX of Orange Beach
Is 36535, 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, 36535 has remained a Seller's Market.
Key Takeaway
36535 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36535, AL
How much do homes in 36535, AL cost?
Median Sold Price
$326,627
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,769(+2.8%)
Key Takeaway
Homes in 36535 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 36535 was $326,627 in October 2024, up 2.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $793.7K | $355K | -55.3% |
| 2 Bedrooms | $283.5K | $287.5K | +1.4% |
| 3 Bedrooms | $290.7K | $300.8K | +3.5% |
| 4 Bedrooms | $345.9K | $373.9K | +8.1% |
| 5+ Bedrooms | $461.8K | $480.5K | +4.0% |
Summary: 36535 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.3%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 4%.
Housing Supply in 36535, AL
How many homes are available in 36535, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 457 | 502 | +9.8% |
Summary: The 36535 real estate market had 502 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 26 | 30 | +15.4% |
| 3 Bedrooms | 244 | 265 | +8.6% |
| 4 Bedrooms | 168 | 187 | +11.3% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 36535 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 15.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 85 | +49.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36535, you may be able to get a good deal. 55.1% of homes here sold below asking price last month.
Summary: A total of 85 homes were sold or pending in 36535 in October 2024, up by 49.1% month-over-month. Of the 78 sold homes, 55% were sold under asking, 37% were sold at asking, and 8% were sold over asking.
Days on Market for 36535, AL
How long does it take to sell a home in 36535, AL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 89 Days | +306.8% |
Summary: Homes in 36535 had an average of 89 days on market in Oct 2024, up by 306.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 36535 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 85 homes were sold in 36535; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 2% 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. 