Is 36567, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36567 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 36567 has remained a Buyer's Market.

Key Takeaway

36567 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36567, AL

How much do homes in 36567, AL cost?

Median Sold Price

$270,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-1.8%)

Key Takeaway

Homes in 36567 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 36567 was $270,000 in November 2024, down 1.8% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K$204K
+51.1%
2 $231.5K$192.5K
-16.8%
3 $265K$255K
-3.8%
4 $300.4K$319.9K
+6.5%
5+ $296.2K$374.7K
+26.5%

Summary: 36567 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.1%, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 26.5%.

Median Sold Price Compared To Nearby Zip Codes

36574
+82.0%
32533
+5.2%
36551
+4.9%
36567
-1.8%
32577
-2.6%

Housing Supply in 36567, AL

How many homes are available in 36567, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8897+10.2%

Summary: The 36567 real estate market had 97 homes for sale in November 2024, a 10.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 810
+25.0%
3 4852
+8.3%
4 3032
+6.7%
5+ 12
+100.0%

Summary: The 36567 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 increased by 25%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36567, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 36567 in November 2024, up by 150.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.

Days on Market for 36567, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 36567, AL

Nearby Markets to 36567, AL