$8,906 Closing Credit*
$750,000
1,536 SqFt
3 Beds
•3 Full Baths
Angela VanHouten, Listing Office: Lake Homes Realty of Cntrl Al.
Is 36853, 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, 36853 has remained a Buyer's Market.
Key Takeaway
36853 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36853, AL
How much do homes in 36853, AL cost?
Median Sold Price
$795,000
$315/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$140,000(-15.0%)
Key Takeaway
Homes in 36853 have sold for 15% less than they did a month ago.
Summary: The median home sold price in 36853 was $795,000 in November 2024, down 15% from last month, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $935K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $795K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 36853 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 did not change, and 5+ bedroom homes did not change.
Housing Supply in 36853, AL
How many homes are available in 36853, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The 36853 real estate market had 17 homes for sale in November 2024, a 21.4% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 36853 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 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36853, 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 36853 in November 2024, the same as the previous 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 36853, AL
How long does it take to sell a home in 36853, AL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 Days | 250 Days | +184.1% |
Summary: Homes in 36853 had an average of 250 days on market in Nov 2024, up by 184.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 36853 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in 36853; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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