$95,000
0.66 Acres
Land
Margo Ladner, Listing Office: Wellhouse Real Estate West LLC
Is 36695, 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, 36695 was a Seller's Market.
Key Takeaway
36695 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36695, AL
How much do homes in 36695, AL cost?
Median Sold Price
$285,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,100(+1.8%)
Key Takeaway
Homes in 36695 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 36695 was $285,000 in October 2024, up 1.8% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $158.9K | $190K | +19.6% |
| 3 Bedrooms | $232.7K | $234K | 0.5% |
| 4 Bedrooms | $347.2K | $335.5K | -3.4% |
| 5+ Bedrooms | $455K | $409.5K | -10.0% |
Summary: 36695 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 19.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 36695, AL
How many homes are available in 36695, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 212 | 273 | +28.8% |
Summary: The 36695 real estate market had 273 homes for sale in October 2024, a 28.8% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 113 | 139 | +23.0% |
| 4 Bedrooms | 80 | 105 | +31.3% |
| 5+ Bedrooms | 14 | 23 | +64.3% |
Summary: The 36695 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 20%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 64.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36695, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 36695 in October 2024, up by 33.3% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for 36695, 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.