Housing Prices in 35040, AL

How much do homes in 35040, AL cost?

Median List Price

$253,542

$173/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$2,042(+0.8%)

Key Takeaway

The list price of homes in 35040 has increased by 0.8% since April.

Summary: The median home list price in 35040 was $253,542 in May 2024, up 0.8% from the previous month, and the median price per square foot was $173.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$201K
N/A
3 $245.1K$248.1K
+1.2%
4 $385K$315K
-18.2%
5+ $425K$387.2K
-8.9%

Summary: 35040 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 8.9%.

Median List Price Compared To Nearby Zip Codes

35040
+0.8%
35143
0.0%
35007
-3.3%
35051
-3.5%
35085
-12.1%

Housing Supply in 35040, AL

How many homes are available in 35040, AL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3260+87.5%

Summary: The 35040 real estate market had 60 homes for sale in May 2024, a 87.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 2342
+82.6%
4 813
+62.5%
5+ 12
+100.0%

Summary: The 35040 housing inventory by bedroom type for May 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 82.6%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 100%.

Days on Market for 35040, AL

How long does it take to sell a home in 35040, AL?

Average Listing Age

Apr 2024May 2024CHANGE
94 Days70 Days-25.4%

Summary: Homes in 35040 had an average listing age of 70 days in May 2024, down by 25.4% compared to the previous month.

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

Report Updated 1 Day Ago

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