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 October 2023

At the same time last year, 36567 was a Seller'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

$268,250

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,070(-2.9%)

Key Takeaway

Homes in 36567 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 36567 was $268,250 in October 2024, down 2.9% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K$204K
+51.1%
2 $233K$180K
-22.7%
3 $265K$255K
-3.8%
4 $291.9K$328.7K
+12.6%
5+ $296.2K$374.7K
+26.5%

Summary: 36567 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.1%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 26.5%.

Median Sold Price Compared To Nearby Zip Codes

32533
+7.2%
36551
+6.1%
32577
-2.6%
36567
-2.9%

Housing Supply in 36567, AL

How many homes are available in 36567, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7691+19.7%

Summary: The 36567 real estate market had 91 homes for sale in October 2024, a 19.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 78
+14.3%
3 3946
+17.9%
4 2735
+29.6%
5+ 11
0.0%

Summary: The 36567 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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 4 homes were sold or pending in 36567 in October 2024, down by 55.6% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 14 Days Ago

Newest Listings in 36567, AL

Nearby Markets to 36567, AL