Is 36726, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36726 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 36726 has remained a Seller's Market.

Key Takeaway

36726 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36726, AL

How much do homes in 36726, AL cost?

Median Sold Price

$178,600

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$46,400(-20.6%)

Key Takeaway

Homes in 36726 have sold for 20.6% less than they did a year ago.

Summary: The median home sold price in 36726 was $178,600 in October 2024, down 20.6% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$112.5K
N/A
2 $225K-
N/A
3 $128.5K$186K
+44.7%
4 $188.5K$178.6K
-5.3%
5+ --
N/A

Summary: 36726 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 did not change, 3 bedroom homes increased by 44.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes did not change.

Housing Supply in 36726, AL

How many homes are available in 36726, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
65-16.7%

Summary: The 36726 real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 31
-66.7%
5+ 22
0.0%

Summary: The 36726 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 36726, 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 36726 in October 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 36726, AL

How long does it take to sell a home in 36726, AL?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days61 Days+32.6%

Summary: Homes in 36726 had an average of 61 days on market in Oct 2024, up by 32.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36726 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 36726; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 36726, AL

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