Is 36530, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36530 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 36530 was a Neutral Market.

Key Takeaway

36530 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 36530, AL

How much do homes in 36530, AL cost?

Median Sold Price

$399,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$29,750(+8.1%)

Key Takeaway

Homes in 36530 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 36530 was $399,000 in February 2024, up 8.1% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$345K
N/A
2 $227.5K$265K
+16.5%
3 $315K$369K
+17.1%
4 $600K$475K
-20.8%
5+ $760K$1.3M
+76.3%

Summary: 36530 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 76.3%.

Median Sold Price Compared To Nearby Zip Codes

36530
+8.1%
36535
+7.9%
36561
+3.3%
36549
+2.5%

Housing Supply in 36530, AL

How many homes are available in 36530, AL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6079+31.7%

Summary: The 36530 real estate market had 79 homes for sale in February 2024, a 31.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 710
+42.9%
2 21
-50.0%
3 2936
+24.1%
4 1928
+47.4%
5+ 34
+33.3%

Summary: The 36530 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36530, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 36530 in February 2024, up by 600.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 36530, AL

We’re sorry, we don't have information for this market at the moment

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

Report Updated 27 Days Ago

Newest Listings in 36530, AL

Nearby Markets to 36530, AL