Is 36604, 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, 36604 has remained a Buyer's Market.
Key Takeaway
36604 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 36604, AL
How much do homes in 36604, AL cost?
Median Sold Price
$337,500
$161/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 36604 have sold for 1.4% more than they did a month ago.
Summary: The median home sold price in 36604 was $337,500 in March 2024, up 1.4% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $245K | +58.1% |
| 3 Bedrooms | $333K | - | N/A |
| 4 Bedrooms | $540K | $430K | -20.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: 36604 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 increased by 58.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 36604 | $333K | $337.5K | +1.4% |
| 36607 | $235K | $142.5K | -39.4% |
Housing Supply in 36604, AL
How many homes are available in 36604, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 72 | +30.9% |
Summary: The 36604 real estate market had 72 homes for sale in March 2024, a 30.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 30 | 37 | +23.3% |
| 4 Bedrooms | 14 | 19 | +35.7% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 36604 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36604, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 36604 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 36604, AL
We’re sorry, we don't have information for this market at the moment
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