Is 36801, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36801 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 36801 has remained a Seller's Market.

Key Takeaway

36801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 36801, AL

How much do homes in 36801, AL cost?

Median Sold Price

$318,987

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,921(+4.9%)

Key Takeaway

Homes in 36801 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 36801 was $318,987 in December 2024, up 4.9% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$40K
N/A
2 $236.8K$230.5K
-2.7%
3 $289.9K$299.9K
+3.4%
4 $425.8K$385K
-9.6%
5+ $554.9K$508K
-8.5%

Summary: 36801 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

36863
+37.5%
36830
+5.4%
36801
+4.9%

Housing Supply in 36801, AL

How many homes are available in 36801, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
156159+1.9%

Summary: The 36801 real estate market had 159 homes for sale in December 2024, a 1.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 2119
-9.5%
3 7371
-2.7%
4 5562
+12.7%
5+ 77
0.0%

Summary: The 36801 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 decreased by 9.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2629+11.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36801, expect to pay close to the asking price. 55.2% of homes here sold near the asking price last month.

Summary: A total of 29 homes were sold or pending in 36801 in December 2024, up by 11.5% month-over-month. Of the 29 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.

Days on Market for 36801, AL

How long does it take to sell a home in 36801, AL?

Average Sale Time

Dec 2023Dec 2024CHANGE
140 Days78 Days-44.3%

Summary: Homes in 36801 had an average of 78 days on market in Dec 2024, down by 44.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 36801 has remained consistent over time.

Summary: During December 2024, 29 homes were sold in 36801; 24% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 28% 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 2 Days Ago

Newest Listings in 36801, AL

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