Is 36701, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 36701 has remained a Buyer's Market.
Housing Prices in 36701, AL
How much do homes in 36701, AL cost?
Median Sold Price
$122,200
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 36701 was $122,200 in April 2024, up 6.3% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $57.3K | $40K | -30.3% |
3 Bedrooms | $115K | $122.2K | +6.3% |
4 Bedrooms | $150K | $165K | +10.0% |
5+ Bedrooms | $301.2K | $201K | -33.3% |
Summary: 36701 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 33.3%.
Median Sold Price Compared To Nearby Zip Codes
36701 | $115K | $122.2K | +6.3% |
36703 | $96.2K | $99K | +2.9% |
Housing Supply in 36701, AL
How many homes are available in 36701, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 75 | +10.3% |
Summary: The 36701 real estate market had 75 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 36 | 43 | +19.4% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 36701 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 19.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 36701 in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 36701, AL
How long does it take to sell a home in 36701, AL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
173 Days | 84 Days | -51.2% |
Summary: Homes in 36701 had an average of 84 days on market in Apr 2024, down by 51.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 36701; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.