$2,482 Closing Credit*
$209,000
3 Beds
•2 Full Baths
Melanie Bunting, Listing Office: 1702 Real Estate
Is 36606, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 36606 was a Seller's Market.
Key Takeaway
36606 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36606, AL
How much do homes in 36606, AL cost?
Median Sold Price
$180,950
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,550(-7.9%)
Key Takeaway
Homes in 36606 have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in 36606 was $180,950 in October 2024, down 7.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $150K | +7.1% |
| 3 Bedrooms | $197K | $207K | +5.1% |
| 4 Bedrooms | $200K | $171.4K | -14.3% |
| 5+ Bedrooms | $378K | $295K | -22.0% |
Summary: 36606 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 22%.
Housing Supply in 36606, AL
How many homes are available in 36606, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 119 | +26.6% |
Summary: The 36606 real estate market had 119 homes for sale in October 2024, a 26.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 27 | +58.8% |
| 3 Bedrooms | 55 | 66 | +20.0% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 36606 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 58.8%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36606, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 36606 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 36606, 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.