Is 36609, 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, 36609 was a Seller's Market.
Housing Prices in 36609, AL
How much do homes in 36609, AL cost?
Median Sold Price
$217,500
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36609 was $217,500 in March 2024, up 3.6% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $147.5K | $145K | -1.7% |
3 Bedrooms | $195K | $200.6K | +2.9% |
4 Bedrooms | $285K | $319K | +11.9% |
5+ Bedrooms | $425.5K | $464K | +9.0% |
Summary: 36609 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 9%.
Housing Supply in 36609, AL
How many homes are available in 36609, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 80 | +35.6% |
Summary: The 36609 real estate market had 80 homes for sale in March 2024, a 35.6% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 32 | 43 | +34.4% |
4 Bedrooms | 20 | 28 | +40.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 36609 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 increased by 50%, 3 bedroom homes increased by 34.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 36609 in March 2024, up by 20.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 36609, AL
We’re sorry, we don't have information for this market at the moment