Is 36604, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 36604 was a Seller's Market.
Housing Prices in 36604, AL
How much do homes in 36604, AL cost?
Median Sold Price
$266,750
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 36604 was $266,750 in May 2024, up 12.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89.8K | - | N/A |
2 Bedrooms | $185K | $159K | -14.1% |
3 Bedrooms | $279.9K | $295K | +5.4% |
4 Bedrooms | $365K | $460K | +26.0% |
5+ Bedrooms | $460K | $1.1M | +139.1% |
Summary: 36604 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 139.1%.
Housing Supply in 36604, AL
How many homes are available in 36604, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 86 | +24.6% |
Summary: The 36604 real estate market had 86 homes for sale in May 2024, a 24.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 17 | 28 | +64.7% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 36604 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 64.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 36604 in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 36604, AL
How long does it take to sell a home in 36604, AL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in 36604; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.