Is 36582, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 36582 has remained a Buyer's Market.
Housing Prices in 36582, AL
How much do homes in 36582, AL cost?
Median Sold Price
$151,500
$97/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 36582 was $151,500 in March 2024, down 58.4% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $269K | $220K | -18.2% |
4 Bedrooms | $363.7K | $83K | -77.2% |
5+ Bedrooms | $420K | $272.5K | -35.1% |
Summary: 36582 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 77.2%, and 5+ bedroom homes decreased by 35.1%.
Housing Supply in 36582, AL
How many homes are available in 36582, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 77 | +37.5% |
Summary: The 36582 real estate market had 77 homes for sale in March 2024, a 37.5% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 27 | 41 | +51.9% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 36582 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 remained the same, 3 bedroom homes increased by 51.9%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 36582 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 36582, AL
How long does it take to sell a home in 36582, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 36582; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.