Is 36580, 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, 36580 has remained a Seller's Market.
Housing Prices in 36580, AL
How much do homes in 36580, AL cost?
Median Sold Price
$315,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36580 was $315,000 in March 2024, up 18.9% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $365K | N/A |
2 Bedrooms | $190K | $273K | +43.7% |
3 Bedrooms | $258.5K | $299.4K | +15.8% |
4 Bedrooms | $360K | $357K | -0.8% |
5+ Bedrooms | $585K | $440K | -24.8% |
Summary: 36580 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 43.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 24.8%.
Housing Supply in 36580, AL
How many homes are available in 36580, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 45 | +40.6% |
Summary: The 36580 real estate market had 45 homes for sale in March 2024, a 40.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 9 | 19 | +111.1% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 36580 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 25%, 3 bedroom homes increased by 111.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 8 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 36580 in March 2024, up by 100.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 36580, AL
How long does it take to sell a home in 36580, AL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 36580; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.