Is 35121, 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, 35121 was a Seller's Market.
Housing Prices in 35121, AL
How much do homes in 35121, AL cost?
Median Sold Price
$337,000
$132/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in 35121 was $337,000 in February 2024, up 45.6% from last month, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $228K | - | N/A |
3 Bedrooms | $222.5K | $337K | +51.5% |
4 Bedrooms | $285K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 35121 housing prices by bedroom type for February 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 51.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
35121 | $231.5K | $337K | +45.6% |
35952 | $220K | $310K | +40.9% |
35146 | $309K | $340K | +10.0% |
Housing Supply in 35121, AL
How many homes are available in 35121, AL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
37 | 35 | -5.4% |
Summary: The 35121 real estate market had 35 homes for sale in February 2024, a 5.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 28 | 26 | -7.1% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 35121 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 35121 in February 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 35121, AL
How long does it take to sell a home in 35121, AL?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
50 Days | 59 Days | +16.3% |
Summary: Homes in 35121 had an average of 59 days on market in Feb 2024, up by 16.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in 35121; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.