Is 36108, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 36108 was a Seller's Market.
Housing Prices in 36108, AL
How much do homes in 36108, AL cost?
Median Sold Price
$77,500
$56/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 36108 was $77,500 in April 2024, down 3.1% from last year, and the median price per square foot was $56.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $31K | $28.8K | -7.1% |
3 Bedrooms | $79.9K | $77.5K | -3.1% |
4 Bedrooms | $154.9K | $120K | -22.6% |
5+ Bedrooms | $115K | $475K | +313.0% |
Summary: 36108 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 decreased by 7.1%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 313%.
Housing Supply in 36108, AL
How many homes are available in 36108, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 31 | -3.1% |
Summary: The 36108 real estate market had 31 homes for sale in April 2024, a 3.1% decrease 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 | 8 | 8 | 0.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 36108 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 decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 36108 in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 36108, AL
How long does it take to sell a home in 36108, AL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 52 Days | +33.2% |
Summary: Homes in 36108 had an average of 52 days on market in Apr 2024, up by 33.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 36108; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.