Is 36207, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 36207 was a Buyer's Market.
Housing Prices in 36207, AL
How much do homes in 36207, AL cost?
Median Sold Price
$177,750
$92/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 36207 was $177,750 in April 2024, down 21.9% from last month, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $35K | N/A |
3 Bedrooms | $227.4K | $155.5K | -31.6% |
4 Bedrooms | - | $289K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 36207 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 31.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 36207, AL
How many homes are available in 36207, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 36 | +63.6% |
Summary: The 36207 real estate market had 36 homes for sale in April 2024, a 63.6% 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 | 1 | 3 | +200.0% |
3 Bedrooms | 12 | 20 | +66.7% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 36207 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 increased by 200%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 10 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 36207 in April 2024, up by 400.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for 36207, AL
How long does it take to sell a home in 36207, AL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 36 Days | +1715.0% |
Summary: Homes in 36207 had an average of 36 days on market in Apr 2024, up by 1715% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 36207; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.