Is 36105, 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, 36105 has remained a Seller's Market.
Key Takeaway
36105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36105, AL
How much do homes in 36105, AL cost?
Median Sold Price
$55,000
$37/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 36105 have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in 36105 was $55,000 in March 2024, down 8.3% from last year, and the median price per square foot was $37.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $67.2K | $58.2K | -13.4% |
| 3 Bedrooms | $45.4K | $55K | +21.1% |
| 4 Bedrooms | $117K | $96K | -17.9% |
| 5+ Bedrooms | $261K | $120K | -54.0% |
Summary: 36105 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 decreased by 13.4%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 54%.
Housing Supply in 36105, AL
How many homes are available in 36105, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 41 | +13.9% |
Summary: The 36105 real estate market had 41 homes for sale in March 2024, a 13.9% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 36105 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 increased by 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36105, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 36105 in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 36105, AL
How long does it take to sell a home in 36105, AL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 92 Days | 37 Days | -59.0% |
Summary: Homes in 36105 had an average of 37 days on market in Mar 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 36105 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in 36105; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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