Is 36532, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 36532 has remained a Seller's Market.
Housing Prices in 36532, AL
How much do homes in 36532, AL cost?
Median Sold Price
$464,750
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 36532 was $464,750 in May 2024, down 1.5% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $326.3K | $365K | +11.8% |
2 Bedrooms | $300K | $375K | +25.0% |
3 Bedrooms | $398.6K | $399K | 0.1% |
4 Bedrooms | $535K | $549K | +2.6% |
5+ Bedrooms | $689.5K | $644.9K | -6.5% |
Summary: 36532 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 6.5%.
Housing Supply in 36532, AL
How many homes are available in 36532, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
454 | 514 | +13.2% |
Summary: The 36532 real estate market had 514 homes for sale in May 2024, a 13.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 26 | 29 | +11.5% |
3 Bedrooms | 165 | 194 | +17.6% |
4 Bedrooms | 210 | 230 | +9.5% |
5+ Bedrooms | 49 | 58 | +18.4% |
Summary: The 36532 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 18.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 91 | +31.9% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 91 homes were sold or pending in 36532 in May 2024, up by 31.9% month-over-month. Of the 88 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.
Days on Market for 36532, AL
We’re sorry, we don't have information for this market at the moment