Is 36604, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 36604 is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, 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

$262,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$8,000(-3.0%)

Key Takeaway

Homes in 36604 have sold for 3% less than they did a year ago.

Summary: The median home sold price in 36604 was $262,000 in September 2024, down 3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $104.8K$235K
+124.1%
2 $190.5K$169K
-11.3%
3 $279.9K$315K
+12.5%
4 $414.7K$485K
+16.9%
5+ $580K$615K
+6.0%

Summary: 36604 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.1%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Zip Codes

36607
+33.7%
36604
-3.0%
36606
-10.6%

Housing Supply in 36604, AL

How many homes are available in 36604, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7988+11.4%

Summary: The 36604 real estate market had 88 homes for sale in September 2024, a 11.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 915
+66.7%
3 4243
+2.4%
4 2022
+10.0%
5+ 66
0.0%

Summary: The 36604 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 36604, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 36604 in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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

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

Report Updated Sep 1, 2024

Newest Listings in 36604, AL

Nearby Markets to 36604, AL