Is 36605, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 36605 was a Seller's Market.
Housing Prices in 36605, AL
How much do homes in 36605, AL cost?
Median Sold Price
$102,500
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36605 was $102,500 in March 2024, up 2.5% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $110.5K | +30.0% |
2 Bedrooms | $69K | $72.6K | +5.3% |
3 Bedrooms | $110K | $103.7K | -5.7% |
4 Bedrooms | $147K | $86.8K | -41.0% |
5+ Bedrooms | - | $426.2K | N/A |
Summary: 36605 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 41%, and 5+ bedroom homes did not change.
Housing Supply in 36605, AL
How many homes are available in 36605, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 54 | +17.4% |
Summary: The 36605 real estate market had 54 homes for sale in March 2024, a 17.4% 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 | 8 | 8 | 0.0% |
3 Bedrooms | 26 | 36 | +38.5% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 36605 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 38.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 36605 in March 2024, up by 50.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 36605, AL
How long does it take to sell a home in 36605, 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 36605; 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.