Is 36066, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 36066 has remained a Seller's Market.
Key Takeaway
36066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36066, AL
How much do homes in 36066, AL cost?
Median Sold Price
$284,500
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 36066 have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in 36066 was $284,500 in March 2024, up 12.9% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131K | $140K | +6.9% |
| 3 Bedrooms | $203K | $230.5K | +13.5% |
| 4 Bedrooms | $297K | $350K | +17.8% |
| 5+ Bedrooms | $485K | $485K | 0.0% |
Summary: 36066 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes did not change.
Housing Supply in 36066, AL
How many homes are available in 36066, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 94 | +25.3% |
Summary: The 36066 real estate market had 94 homes for sale in March 2024, a 25.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 38 | 48 | +26.3% |
| 5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The 36066 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36066, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 36066 in March 2024, down by 15.8% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 36066, AL
How long does it take to sell a home in 36066, AL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 78 Days | +63.7% |
Summary: Homes in 36066 had an average of 78 days on market in Mar 2024, up by 63.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36066 has remained consistent over time.
Summary: During March 2024, 16 homes were sold in 36066; 19% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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