Is 36093, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 36093 has remained a Seller's Market.
Key Takeaway
36093 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36093, AL
How much do homes in 36093, AL cost?
Median Sold Price
$335,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 36093 have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in 36093 was $335,000 in April 2024, up 13.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | - | N/A |
| 3 Bedrooms | $250K | $264.9K | +6.0% |
| 4 Bedrooms | $325K | $369.7K | +13.8% |
| 5+ Bedrooms | $445K | $449.9K | +1.1% |
Summary: 36093 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 36093, AL
How many homes are available in 36093, AL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 78 | +25.8% |
Summary: The 36093 real estate market had 78 homes for sale in April 2024, a 25.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 18 | 27 | +50.0% |
| 4 Bedrooms | 36 | 42 | +16.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 36093 housing inventory by bedroom type for April 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 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36093, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 36093 in April 2024, up by 66.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for 36093, AL
How long does it take to sell a home in 36093, AL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 86 Days | +80.7% |
Summary: Homes in 36093 had an average of 86 days on market in Apr 2024, up by 80.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36093 has remained consistent over time.
Summary: During April 2024, 15 homes were sold in 36093; 27% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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