Is 36575, 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, 36575 was a Seller's Market.
Housing Prices in 36575, AL
How much do homes in 36575, AL cost?
Median Sold Price
$271,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36575 was $271,000 in March 2024, up 20.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $179K | +23.4% |
3 Bedrooms | $220K | $264K | +20.0% |
4 Bedrooms | $267.5K | $287K | +7.3% |
5+ Bedrooms | $705K | $380K | -46.1% |
Summary: 36575 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 23.4%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 46.1%.
Housing Supply in 36575, AL
How many homes are available in 36575, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 75 | +44.2% |
Summary: The 36575 real estate market had 75 homes for sale in March 2024, a 44.2% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 19 | 31 | +63.2% |
4 Bedrooms | 27 | 35 | +29.6% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 36575 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 50%, 3 bedroom homes increased by 63.2%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 36575 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 36575, AL
We’re sorry, we don't have information for this market at the moment