Is 35045, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 35045 was a Neutral Market.
Housing Prices in 35045, AL
How much do homes in 35045, AL cost?
Median Sold Price
$212,000
$128/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 35045 was $212,000 in March 2024, down 9.2% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $155K | $165K | +6.5% |
4 Bedrooms | $312K | $369K | +18.3% |
5+ Bedrooms | - | - | N/A |
Summary: 35045 housing prices by bedroom type for March 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 increased by 6.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
35045 | $233.5K | $212K | -9.2% |
35171 | $285K | $159K | -44.2% |
Housing Supply in 35045, AL
How many homes are available in 35045, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Summary: The 35045 real estate market had 21 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 15 | +66.7% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 35045 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 35045 in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 35045, AL
How long does it take to sell a home in 35045, AL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 19 Days | -67.6% |
Summary: Homes in 35045 had an average of 19 days on market in Mar 2024, down by 67.6% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 35045; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.