Is 36608, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 36608 was a Seller's Market.
Housing Prices in 36608, AL
How much do homes in 36608, AL cost?
Median Sold Price
$301,125
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 36608 was $301,125 in April 2024, up 13.8% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $127.5K | +21.4% |
2 Bedrooms | $177.5K | $200.1K | +12.7% |
3 Bedrooms | $235K | $234.5K | -0.2% |
4 Bedrooms | $450K | $428K | -4.9% |
5+ Bedrooms | $520K | $661.5K | +27.2% |
Summary: 36608 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 12.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 27.2%.
Housing Supply in 36608, AL
How many homes are available in 36608, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 151 | +32.5% |
Summary: The 36608 real estate market had 151 homes for sale in April 2024, a 32.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 23 | 27 | +17.4% |
3 Bedrooms | 33 | 44 | +33.3% |
4 Bedrooms | 34 | 53 | +55.9% |
5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The 36608 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 55.9%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 21 | +110.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 36608 in April 2024, up by 110.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for 36608, AL
How long does it take to sell a home in 36608, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 36608; 5% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.