$6,709 Closing Credit*
$565,000
4 Beds
•4 Full Baths, 1 Partial
Frances Johnson, Listing Office: Grand Nova Properties, LLC
Is 36693, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 36693 was a Seller's Market.
Key Takeaway
36693 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36693, AL
How much do homes in 36693, AL cost?
Median Sold Price
$236,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,000(+4.9%)
Key Takeaway
Homes in 36693 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 36693 was $236,000 in November 2024, up 4.9% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $217.5K | -3.3% |
| 3 Bedrooms | $209.7K | $206K | -1.8% |
| 4 Bedrooms | $269K | $354K | +31.6% |
| 5+ Bedrooms | $472K | $460K | -2.5% |
Summary: 36693 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in 36693, AL
How many homes are available in 36693, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 106 | +17.8% |
Summary: The 36693 real estate market had 106 homes for sale in November 2024, a 17.8% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 43 | 49 | +14.0% |
| 4 Bedrooms | 37 | 46 | +24.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 36693 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 increased by 50%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36693, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 36693 in November 2024, down by 28.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 36693, 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.