Is 36618, 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, 36618 was a Seller's Market.
Housing Prices in 36618, AL
How much do homes in 36618, AL cost?
Median Sold Price
$191,500
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 36618 was $191,500 in March 2024, up 6.4% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $134K | $72K | -46.3% |
3 Bedrooms | $180K | $195K | +8.3% |
4 Bedrooms | $195.8K | $215K | +9.8% |
5+ Bedrooms | $400K | - | N/A |
Summary: 36618 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 46.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes did not change.
Housing Supply in 36618, AL
How many homes are available in 36618, AL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 67 | +34.0% |
Summary: The 36618 real estate market had 67 homes for sale in March 2024, a 34.0% 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 | 0 | 4 | +100.0% |
3 Bedrooms | 38 | 50 | +31.6% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 36618 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 100%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 36618 in March 2024, up by 100.0% 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 36618, AL
We’re sorry, we don't have information for this market at the moment