Is 36532, 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, 36532 was a Seller's Market.
Housing Prices in 36532, AL
How much do homes in 36532, AL cost?
Median Sold Price
$469,810
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36532 was $469,810 in March 2024, down 0.4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $326.3K | $362K | +10.9% |
2 Bedrooms | $300K | $335K | +11.7% |
3 Bedrooms | $389.3K | $404K | +3.8% |
4 Bedrooms | $526.3K | $556K | +5.6% |
5+ Bedrooms | $702.5K | $644.9K | -8.2% |
Summary: 36532 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 8.2%.
Housing Supply in 36532, AL
How many homes are available in 36532, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
356 | 422 | +18.5% |
Summary: The 36532 real estate market had 422 homes for sale in March 2024, a 18.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 19 | 28 | +47.4% |
3 Bedrooms | 138 | 159 | +15.2% |
4 Bedrooms | 161 | 191 | +18.6% |
5+ Bedrooms | 36 | 40 | +11.1% |
Summary: The 36532 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 47.4%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 61 | +22.0% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 36532 in March 2024, up by 22.0% month-over-month. Of the 56 sold homes, 71% were sold under asking, 25% were sold at asking, and 4% were sold over asking.
Days on Market for 36532, AL
We’re sorry, we don't have information for this market at the moment