Is 36582, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36582 is a buyer's market

Buyer's
Market

Difference Since August 2021

At the same time last year, 36582 was a Seller's Market.

Key Takeaway

36582 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 36582, AL cost?

Median Sold Price

$229,250

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$4,250(+1.9%)

Key Takeaway

Homes in 36582 have sold for 1.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $22.5K-
N/A
2 $527.5K$115K
-78.2%
3 $168.7K$199K
+17.9%
4 $284K$290K
+2.1%
5+ $1.2M$497.5K
-59.8%

Median Sold Price Compared To Nearby Zip Codes

36582
+1.9%
36693
-3.1%

How many homes are available in 36582, AL?

Number of Homes For Sale

Jul 2022Aug 2022%
4353+23.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 22
0.0%
2 13
+200.0%
3 2425
+4.2%
4 1320
+53.8%
5+ 33
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36582, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 36582, AL

36582, AL has 53 homes on the market. The number of homes for sale in 36582, AL increased by 23.3% between July 2022 and August 2022. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 78.2%, 3 bedrooms properties became 17.9% more expensive, 4 bedrooms properties prices increased by 2.1%, prices of 5 bedrooms properties went down by 59.8%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 200%, 3 bedrooms homes became 4.2% more available, volume of 4 bedrooms homes went up by 53.8%, 5 bedrooms homes inventory did not change. Over 3 listings were sold over their listed price in August 2022 in 36582, AL. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price.