Is 35211, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 35211 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 35211 has remained a Seller's Market.

Key Takeaway

35211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 35211, AL cost?

Median Sold Price

$69,500

$64/sqft

Based on all homes sold in September 2022.

Difference Since Last Month

+$500(+0.7%)

Key Takeaway

Homes in 35211 have sold for 0.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2022Sep 2022%
1 --
N/A
2 $58.5K$35.2K
-39.7%
3 $70K$114.9K
+64.2%
4 -$351K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

35211
+0.7%
35226
-6.8%
35208
-12.3%
35228
-17.3%

How many homes are available in 35211, AL?

Number of Homes For Sale

Aug 2022Sep 2022%
5669+23.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 1316
+23.1%
3 3844
+15.8%
4 59
+80.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
1019+90.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 35211, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Average Sale Time

Aug 2022Sep 2022%
28 Days39 Days+40.0%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 35211 are selling fast, if you're buying plan to act quickly.

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

About 35211, AL

Homes for sale in 35211, AL have reached 69. The number of homes for sale in 35211, AL increased by 23.2% between August 2022 and September 2022. The median list price of listings available in September 2022 was $69,500, while the average time on the real estate market was 39 days. Listing prices have changed in this real estate market between September 2021 and September 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 39.7%, the cost of 3 bedrooms properties went up by 64.2%, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 23.1%, volume of 3 bedrooms homes went up by 15.8%, 4 bedrooms homes inventory increased by 80%, volume of 5 bedrooms homes stayed the same. 35211, AL housing market in September 2022 saw over 7 listings sold above listed price, more than 4 sold at listed price and over 8 sold below.