$10,000 Closing Credit*
$899,000
3 Beds
•1 Full Bath
Katie Sondag, Listing Office: Keller Williams AGC Realty-Da
Is 36551, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 36551 was a Seller's Market.
Key Takeaway
36551 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 36551, AL
How much do homes in 36551, AL cost?
Median Sold Price
$295,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,720(+4.9%)
Key Takeaway
Homes in 36551 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 36551 was $295,000 in November 2024, up 4.9% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168K | $396K | +135.7% |
| 2 Bedrooms | $297.5K | $265K | -10.9% |
| 3 Bedrooms | $266K | $282.6K | +6.3% |
| 4 Bedrooms | $291K | $309.2K | +6.3% |
| 5+ Bedrooms | $550K | $405K | -26.4% |
Summary: 36551 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 135.7%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 26.4%.
Housing Supply in 36551, AL
How many homes are available in 36551, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 79 | +16.2% |
Summary: The 36551 real estate market had 79 homes for sale in November 2024, a 16.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 37 | 49 | +32.4% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 36551 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 32.4%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36551, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 36551 in November 2024, up by 18.2% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 36551, AL
We’re sorry, we don't have information for this market at the moment
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.