Is 36264, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36264 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 36264 was a Seller's Market.

Key Takeaway

36264 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36264, AL

How much do homes in 36264, AL cost?

Median Sold Price

$107,500

$88/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$177,500(-62.3%)

Key Takeaway

Homes in 36264 have sold for 62.3% less than they did a month ago.

Summary: The median home sold price in 36264 was $107,500 in April 2024, down 62.3% from last month, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $299.9K$107.5K
-64.2%
4 $285K-
N/A
5+ --
N/A

Summary: 36264 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 64.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

36207
-21.9%
36269
-49.6%
36264
-62.3%

Housing Supply in 36264, AL

How many homes are available in 36264, AL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
16160.0%

Summary: The 36264 real estate market had 16 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1010
0.0%
4 32
-33.3%
5+ 22
0.0%

Summary: The 36264 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36264, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 36264 in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 36264, AL

How long does it take to sell a home in 36264, AL?

Average Sale Time

Mar 2024Apr 2024CHANGE
37 Days4 Days-89.3%

Summary: Homes in 36264 had an average of 4 days on market in Apr 2024, down by 89.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 36264 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 36264; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in 36264, AL

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