Is 36527, 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, 36527 was a Seller's Market.
Key Takeaway
36527 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36527, AL
How much do homes in 36527, AL cost?
Median Sold Price
$364,147
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 36527 have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in 36527 was $364,147 in March 2024, down 4.7% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148K | - | N/A |
| 2 Bedrooms | $205K | $227.4K | +11.0% |
| 3 Bedrooms | $296.5K | $319.9K | +7.9% |
| 4 Bedrooms | $390K | $373.7K | -4.2% |
| 5+ Bedrooms | $520K | $585K | +12.5% |
Summary: 36527 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 increased by 11%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 36527, AL
How many homes are available in 36527, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 153 | 194 | +26.8% |
Summary: The 36527 real estate market had 194 homes for sale in March 2024, a 26.8% 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 49 | 71 | +44.9% |
| 4 Bedrooms | 75 | 87 | +16.0% |
| 5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The 36527 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 44.9%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 36527, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 36527 in March 2024, up by 13.0% month-over-month. Of the 23 sold homes, 48% were sold under asking, 48% were sold at asking, and 4% were sold over asking.
Days on Market for 36527, AL
We’re sorry, we don't have information for this market at the moment
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