Is 36582, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36582 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 36582 has remained a Buyer's Market.

Key Takeaway

36582 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36582, AL

How much do homes in 36582, AL cost?

Median Sold Price

$556,000

$194/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$331,000(+147.1%)

Key Takeaway

Homes in 36582 have sold for 147.1% more than they did a month ago.

Summary: The median home sold price in 36582 was $556,000 in November 2024, up 147.1% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $499.9K-
N/A
3 $225K$802.5K
+256.7%
4 $197K$512K
+159.9%
5+ -$1.6M
N/A

Summary: 36582 housing prices by bedroom type for November 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 256.7%, 4 bedroom homes increased by 159.9%, and 5+ bedroom homes did not change.

Housing Supply in 36582, AL

How many homes are available in 36582, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8495+13.1%

Summary: The 36582 real estate market had 95 homes for sale in November 2024, a 13.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3542
+20.0%
4 3337
+12.1%
5+ 1212
0.0%

Summary: The 36582 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36582, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 36582 in November 2024, up by 200.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for 36582, 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 26 Days Ago

Newest Listings in 36582, AL

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