Is 36571, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36571 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 36571 has remained a Buyer's Market.

Key Takeaway

36571 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36571, AL

How much do homes in 36571, AL cost?

Median Sold Price

$365,450

$176/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$138,900(+61.3%)

Key Takeaway

Homes in 36571 have sold for 61.3% more than they did a month ago.

Summary: The median home sold price in 36571 was $365,450 in December 2024, up 61.3% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $213K$350K
+64.3%
4 $362K$400K
+10.5%
5+ --
N/A

Summary: 36571 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 64.3%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

36571
+61.3%
36572
-33.3%
36611
-48.2%

Housing Supply in 36571, AL

How many homes are available in 36571, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5664+14.3%

Summary: The 36571 real estate market had 64 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 3337
+12.1%
4 2124
+14.3%
5+ 00
0.0%

Summary: The 36571 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36571, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 36571 in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for 36571, 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 4 Days Ago

Newest Listings in 36571, AL

Nearby Markets to 36571, AL