Is 36611, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36611 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 36611 has remained a Buyer's Market.

Key Takeaway

36611 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36611, AL

How much do homes in 36611, AL cost?

Median Sold Price

$75,100

$75/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$69,850(-48.2%)

Key Takeaway

Homes in 36611 have sold for 48.2% less than they did a month ago.

Summary: The median home sold price in 36611 was $75,100 in December 2024, down 48.2% from last month, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$75.1K
N/A
4 $144.9K-
N/A
5+ --
N/A

Summary: 36611 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

36571
+61.3%
36611
-48.2%

Housing Supply in 36611, AL

How many homes are available in 36611, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2528+12.0%

Summary: The 36611 real estate market had 28 homes for sale in December 2024, a 12.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1517
+13.3%
4 65
-16.7%
5+ 12
+100.0%

Summary: The 36611 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 33.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36611, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 36611 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 36611, 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 1 Day Ago

Newest Listings in 36611, AL

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