$30,000
0.52 Acres
Land
Michelle Hunter, Listing Office: Cannon Realty Inc
Is 36618, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 36618 has remained a Buyer's Market.
Key Takeaway
36618 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36618, AL
How much do homes in 36618, AL cost?
Median Sold Price
$172,000
$138/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$109,900(-39.0%)
Key Takeaway
Homes in 36618 have sold for 39% less than they did a month ago.
Summary: The median home sold price in 36618 was $172,000 in November 2024, down 39% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $175.5K | N/A |
| 4 Bedrooms | $281.9K | $167K | -40.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 36618 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 did not change, 4 bedroom homes decreased by 40.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 36607 | $348.5K | $590K | +69.3% |
| 36618 | $281.9K | $172K | -39.0% |
Housing Supply in 36618, AL
How many homes are available in 36618, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 71 | +10.9% |
Summary: The 36618 real estate market had 71 homes for sale in November 2024, a 10.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 31 | 36 | +16.1% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 36618 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 16.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36618, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 36618 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 36618, 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.