Is 35235, 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, 35235 was a Buyer's Market.
Housing Prices in 35235, AL
How much do homes in 35235, AL cost?
Median Sold Price
$189,900
$130/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 35235 was $189,900 in April 2024, up 2.6% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $141.5K | N/A |
3 Bedrooms | $185K | $217.4K | +17.5% |
4 Bedrooms | - | $212.4K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 35235 housing prices by bedroom type for April 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 17.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 35235, AL
How many homes are available in 35235, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 57 | +58.3% |
Summary: The 35235 real estate market had 57 homes for sale in April 2024, a 58.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 29 | 43 | +48.3% |
4 Bedrooms | 2 | 7 | +250.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 35235 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 48.3%, 4 bedroom homes increased by 250%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 11 | +450.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 35235 in April 2024, up by 450.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for 35235, AL
How long does it take to sell a home in 35235, AL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 15 Days | -66.0% |
Summary: Homes in 35235 had an average of 15 days on market in Apr 2024, down by 66% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 35235; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.