Is 36092, 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, 36092 has remained a Seller's Market.
Housing Prices in 36092, AL
How much do homes in 36092, AL cost?
Median Sold Price
$225,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36092 was $225,000 in March 2024, down 4.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | - | N/A |
2 Bedrooms | $122.5K | $122.9K | 0.4% |
3 Bedrooms | $194.9K | $213.8K | +9.7% |
4 Bedrooms | $326.2K | $249.2K | -23.6% |
5+ Bedrooms | $372.5K | $292.5K | -21.5% |
Summary: 36092 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 0.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes decreased by 21.5%.
Housing Supply in 36092, AL
How many homes are available in 36092, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 72 | +2.9% |
Summary: The 36092 real estate market had 72 homes for sale in March 2024, a 2.9% 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 | 7 | 5 | -28.6% |
3 Bedrooms | 39 | 42 | +7.7% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 36092 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 decreased by 28.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 36092 in March 2024, up by 17.6% month-over-month. Of the 20 sold homes, 30% were sold under asking, 55% were sold at asking, and 15% were sold over asking.
Days on Market for 36092, AL
How long does it take to sell a home in 36092, AL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 39 Days | -43.0% |
Summary: Homes in 36092 had an average of 39 days on market in Mar 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 36092; 40% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.