March 2024

35124 Housing Market Report Pelham, Shelby County, Alabama

Report Updated 24 Days Ago

Housing Prices in 35124, AL

How much do homes in 35124, AL cost?

Median List Price

$424,438

$185/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$75,462(-15.1%)

Key Takeaway

The list price of homes in 35124 has decreased by 15.1% since February.

Summary: The median home list price in 35124 was $424,438 in March 2024, down 15.1% from the previous month, and the median price per square foot was $185.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$225K	$229.9K	+2.2%
3 Bedrooms	$330K	$299K	-9.4%
4 Bedrooms	$499.9K	$499.9K	0.0%
5+ Bedrooms	$584.6K	$924.4K	+58.1%

Summary: 35124 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 increased by 2.2%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 58.1%.

Median List Price Compared To Nearby Zip Codes

ZIP	Feb 2024	Mar 2024	CHANGE
35080	$399K	$452K	+13.3%
35007	$345.2K	$345.2K	0.0%
35043	$382.9K	$382.2K	-0.2%
35244	$579.9K	$499.9K	-13.8%
35124	$499.9K	$424.4K	-15.1%

Housing Supply in 35124, AL

How many homes are available in 35124, AL?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
37	69	+86.5%

Summary: The 35124 real estate market had 69 homes for sale in March 2024, a 86.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	6	+500.0%
3 Bedrooms	13	27	+107.7%
4 Bedrooms	19	30	+57.9%
5+ Bedrooms	4	6	+50.0%

Summary: The 35124 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 500%, 3 bedroom homes increased by 107.7%, 4 bedroom homes increased by 57.9%, and 5+ bedroom homes increased by 50%.

Days on Market for 35124, AL

How long does it take to sell a home in 35124, AL?

Average Listing Age

Feb 2024	Mar 2024	CHANGE
92 Days	65 Days	-29.6%

Summary: Homes in 35124 had an average listing age of 65 days in Mar 2024, down by 29.6% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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Newest Listings in 35124, AL

What homes are available in 35124, AL?

See More Listings

Virtual Tour

$562,900

$6,684 Closing Credit

2,889 SqFt

1101 Camellia Ridge Dr, Pelham AL, 35124

Pat Lowery

Listing Office:

Newcastle Homes, Inc.

$289,900

$3,443 Closing Credit

1,815 SqFt

2523 Blazing Star, Pelham AL, 35124

Jason Dailey

Listing Office:

Keller Williams Realty Vestavia

4 bedrooms, 3 full baths, 1 partial house for sale

Virtual Tour

$499,900

$5,936 Closing Credit

3 Full, 1 Partial

2,526 SqFt

1149 Camellia Ridge Dr, Pelham AL, 35124

Karen Spann

Listing Office:

Oak Mountain Realty Group LLC

$149,999

Land

2.00 Acres

130 Pelham Heights Rd Unit 0, Pelham AL, 35124

Clay Daughtry

Listing Office:

M & R Realty, LLC

2 bedrooms, 2 full baths townhouse for sale

Virtual Tour

$195,000

$2,316 Closing Credit

1,115 SqFt

619 Cahaba Manor Trl, Pelham AL, 35124

Tonya Smitherman

Listing Office:

eXp Realty, LLC Central

Virtual Tour

$384,900

$4,571 Closing Credit

2,655 SqFt

1973 Chandaway Dr, Pelham AL, 35124

David Ellis

Listing Office:

LAH Sotheby's International Re

Backup Offers

Virtual Tour

$245,000

$2,909 Closing Credit

1,229 SqFt

110 Hidden Creek Pkwy, Pelham AL, 35124

Josh Vernon

Listing Office:

Keller Williams Realty Vestavia

3 bedrooms, 2 full baths, 1 partial townhouse for sale

Backup Offers

Virtual Tour

$215,500

$2,559 Closing Credit

2 Full, 1 Partial

1,654 SqFt

116 Sommersby Dr, Pelham AL, 35124

Jake Callahan

Listing Office:

Ray & Poynor Properties

Backup Offers

Virtual Tour

$275,000

$3,266 Closing Credit

1,587 SqFt

115 Braxton Way, Pelham AL, 35124

Elizabeth Daly

Listing Office:

Keller Williams Realty Vestavia

4 bedrooms, 2 full baths, 1 partial house for sale

Virtual Tour

$280,000

$3,325 Closing Credit

2 Full, 1 Partial

1,700 SqFt

1224 David Dr, Pelham AL, 35124

Olga Cancio

Listing Office:

Century 21 Advantage

Virtual Tour

$239,900

$2,849 Closing Credit

1,200 SqFt

112 Highview Cv, Pelham AL, 35124

Ashley Davis

Listing Office:

ARC Realty Cahaba Heights

Virtual Tour

$358,000

$4,251 Closing Credit

2,055 SqFt

206 Beaver Crst, Pelham AL, 35124

Hollie Higgins

Listing Office:

ARC Realty - Hoover

Nearby Markets to 35124, AL

MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS for the period 02/01/2024 - 04/01/2024

IDX 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© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 2:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.