Is 36551, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 36551 has remained a Seller's Market.
Housing Prices in 36551, AL
How much do homes in 36551, AL cost?
Median Sold Price
$296,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 36551 was $296,500 in April 2024, up 11% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203K | - | N/A |
2 Bedrooms | $280K | $270K | -3.6% |
3 Bedrooms | $251K | $273.5K | +9.0% |
4 Bedrooms | $289K | $327.4K | +13.3% |
5+ Bedrooms | $782.5K | $450K | -42.5% |
Summary: 36551 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 42.5%.
Housing Supply in 36551, AL
How many homes are available in 36551, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 68 | +1.5% |
Summary: The 36551 real estate market had 68 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 28 | 31 | +10.7% |
4 Bedrooms | 22 | 18 | -18.2% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 36551 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 36551 in April 2024, up by 55.6% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for 36551, AL
We’re sorry, we don't have information for this market at the moment