Is 36104, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 36104 was a Seller's Market.
Housing Prices in 36104, AL
How much do homes in 36104, AL cost?
Median Sold Price
$164,900
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36104 was $164,900 in March 2024, up 3.1% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156.9K | $162.4K | +3.5% |
2 Bedrooms | $156K | $184.5K | +18.3% |
3 Bedrooms | $160K | $150K | -6.3% |
4 Bedrooms | $332.4K | $175K | -47.4% |
5+ Bedrooms | $102K | $152K | +49.0% |
Summary: 36104 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 18.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 47.4%, and 5+ bedroom homes increased by 49%.
Housing Supply in 36104, AL
How many homes are available in 36104, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The 36104 real estate market had 27 homes for sale in March 2024, a 3.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 36104 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 36104 in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 36104, AL
How long does it take to sell a home in 36104, AL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 78 Days | +105.5% |
Summary: Homes in 36104 had an average of 78 days on market in Mar 2024, up by 105.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 36104; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.