$1,186 Closing Credit*
$99,900
1,564 SqFt
2 Beds
•2 Full Baths
LORI TERRY, Listing Office: LORI TERRY HOME TOWN REALTY LLC
Is 36863, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 36863 was a Buyer's Market.
Key Takeaway
36863 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 36863, AL
How much do homes in 36863, AL cost?
Median Sold Price
$165,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$45,000(+37.5%)
Key Takeaway
Homes in 36863 have sold for 37.5% more than they did a year ago.
Summary: The median home sold price in 36863 was $165,000 in December 2024, up 37.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $28K | - | N/A |
| 2 Bedrooms | $56K | $122.9K | +119.6% |
| 3 Bedrooms | $120K | $159.9K | +33.3% |
| 4 Bedrooms | $277.4K | $237.7K | -14.3% |
| 5+ Bedrooms | $369.9K | $182.9K | -50.6% |
Summary: 36863 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 increased by 119.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50.6%.
Median Sold Price Compared To Nearby Zip Codes
| 36863 | $120K | $165K | +37.5% |
| 31833 | $198K | $229.9K | +16.1% |
Housing Supply in 36863, AL
How many homes are available in 36863, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The 36863 real estate market had 26 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 36863 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 33.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36863, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 36863 in December 2024, down by 33.3% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 36863, AL
How long does it take to sell a home in 36863, AL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 16 Days | 71 Days | +339.3% |
Summary: Homes in 36863 had an average of 71 days on market in Dec 2024, up by 339.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 36863 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 4 homes were sold in 36863; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.