Is 36106, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 36106 was a Seller's Market.
Housing Prices in 36106, AL
How much do homes in 36106, AL cost?
Median Sold Price
$198,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 36106 was $198,000 in April 2024, up 4.2% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $180K | -2.7% |
2 Bedrooms | $158.9K | $160K | +0.7% |
3 Bedrooms | $174.5K | $180K | +3.2% |
4 Bedrooms | $222K | $253K | +14.0% |
5+ Bedrooms | $254.5K | $431.3K | +69.5% |
Summary: 36106 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 69.5%.
Housing Supply in 36106, AL
How many homes are available in 36106, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 112 | -0.9% |
Summary: The 36106 real estate market had 112 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 47 | 48 | +2.1% |
4 Bedrooms | 41 | 39 | -4.9% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 36106 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 decreased by 6.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 17 | -26.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 36106 in April 2024, down by 26.1% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for 36106, AL
How long does it take to sell a home in 36106, AL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
79 Days | 124 Days | +56.5% |
Summary: Homes in 36106 had an average of 124 days on market in Apr 2024, up by 56.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in 36106; 18% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.