Is 36535, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 36535 has remained a Seller's Market.
Key Takeaway
36535 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36535, AL
How much do homes in 36535, AL cost?
Median Sold Price
$327,165
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 36535 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 36535 was $327,165 in March 2024, up 6.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219.3K | $793.7K | +261.9% |
| 2 Bedrooms | $220K | $286.2K | +30.1% |
| 3 Bedrooms | $288.1K | $287.5K | -0.2% |
| 4 Bedrooms | $328.2K | $360K | +9.7% |
| 5+ Bedrooms | $452.4K | $461.8K | +2.1% |
Summary: 36535 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 261.9%, 2 bedroom homes increased by 30.1%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in 36535, AL
How many homes are available in 36535, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 364 | 446 | +22.5% |
Summary: The 36535 real estate market had 446 homes for sale in March 2024, a 22.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 33 | 41 | +24.2% |
| 3 Bedrooms | 175 | 218 | +24.6% |
| 4 Bedrooms | 137 | 161 | +17.5% |
| 5+ Bedrooms | 16 | 23 | +43.8% |
Summary: The 36535 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 24.2%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 43.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 83 | +80.4% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36535, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in 36535 in March 2024, up by 80.4% month-over-month. Of the 76 sold homes, 64% were sold under asking, 32% were sold at asking, and 4% were sold over asking.
Days on Market for 36535, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 