Naila Morris, Listing Office: Lokation Real Estate LLC
35022 Housing Market Report December 2024•Jefferson County, Alabama
Housing Prices in 35022, AL
How much do homes in 35022, AL cost?
Housing Market Conditions
Is 35022, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
35022 is a Neutral Market
Difference Since November 2024
Last month, 35022 was a Seller's Market.
35022 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in December 2024
Homes in 35022 have sold for 10.6% less than they did a month ago.
Summary: The median home sold price in 35022 was $285,995 in December 2024, down 10.6% from last month, and the median price per square foot was $140.
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $273.2K | - | N/A |
33 Bedrooms | $260.2K | $250K | -3.9% |
44 Bedrooms | $347.8K | $289K | -16.9% |
55+ Bedrooms | $365K | $367.4K | +0.7% |
Summary: 35022 housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -3.9%. The home price for 4 bedroom homes decreased by -16.9%. The home price for 5 bedroom homes increased by +0.7%.
Housing supply in 35022, AL
How many homes are available in 35022, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
116Last MonthDec 2024 | ||
1172 months agoNov 2024 | -0.9 % Change MoMNov – Dec |
Summary: The 35022 real estate market had 116 homes for sale in Dec 2024, a 0.9 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthDec 2024 | ||
252 months agoNov 2024 | -24.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 7 | -22.2% |
33 Bedrooms | 58 | 50 | -13.8% |
44 Bedrooms | 33 | 40 | +21.2% |
55+ Bedrooms | 17 | 19 | +11.8% |
Summary: 35022 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes decreased by -13.8%. The inventory for 4 bedroom homes increased by +21.2%. The inventory for 5 bedroom homes increased by +11.8%.
Asking Price vs. Sold Price
How much do homes in 35022, AL cost?
Over Asking Price5 Homes
At Asking Price9 Homes
Under Asking Price5 Homes
If you're buying a home in 35022, expect to pay close to the asking price. 47.4% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in 35022 in December 2024, down by 24.0% month-over-month. Of the 19 sold homes, 26% were sold under asking, 47% were sold at asking, and and 26% were sold over asking.
Days on Market for 35022, AL
How long does it take to sell a home in 35022, AL?
Breakdown of Home Sale Times
Under 30 Days14 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Many homes in 35022 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 19 homes were sold in 35022; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
28 DaysLast MonthDec 2024 | ||
50 Days1 month agoNov 2024 | -43.1 % Change MoMNov – Dec |
Summary: Homes in 35022 had an average listing age of 28 days in Dec 2024, down by 43.1% compared to the previous month.
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Newest Listings in 35022, AL
What homes are available in 35022, AL?
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, and West Alabama Multiple Listing Service for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 6:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.