New - 2 days on Rocket
$2,969 Closing Credit¹
#25-264, Twila-Connie Team, Listing Office: SELLING LAKE MARTIN
35040 Housing Market Report February 2025•Shelby County, Alabama
Housing Prices in 35040, AL
How much do homes in 35040, AL cost?
Housing Market Conditions
Is 35040, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
35040 is a Neutral Market
Difference Since January 2025
Last month, 35040 was a Buyer's Market.
Insight
35040 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
$250,000$154/SqFt
+$11,350
+4.8%
Based on all homes sold in February 2025
Insight
Homes in 35040 have sold for 4.8% more than they did a month ago.
Summary: The median home sold price in 35040 was $250,000 in February 2025, up 4.8% from last month, and the median price per square foot was $154.
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $190K | N/A |
| 33 Bedrooms | $238.6K | $237.5K | -0.5% |
| 44 Bedrooms | - | $399.5K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 35040 housing price by bedroom type for February 2025, 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 -0.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in 35040, AL
How many homes are available in 35040, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 130Last MonthFeb 2025 | ||
| 1132 months agoJan 2025 | +15.0 % Change MoMJan – Feb |
Summary: The 35040 real estate market had 130 homes for sale in Feb 2025, a 15.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthFeb 2025 | ||
| 142 months agoJan 2025 | +35.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 75 | 82 | +9.3% |
| 44 Bedrooms | 28 | 36 | +28.6% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 7 | 9 | +28.6% |
Summary: 35040 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 3 bedroom homes increased by +9.3%. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +28.6%.
Asking Price vs. Sold Price
How much do homes in 35040, AL cost?
Over Asking Price1 Home
At Asking Price8 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in 35040, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 35040 in February 2025, up by 35.7% month-over-month. Of the 19 sold homes, 53% were sold under asking, 42% were sold at asking, and and 5% were sold over asking.
Days on Market for 35040, AL
How long does it take to sell a home in 35040, AL?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days7 Homes
Over 90 Days5 Homes
Insight
Many homes in 35040 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 19 homes were sold in 35040; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 56 DaysLast MonthFeb 2025 | ||
| 100 Days1 month agoJan 2025 | -43.6 % Change MoMJan – Feb |
Summary: Homes in 35040 had an average listing age of 56 days in Feb 2025, down by 43.6% compared to the previous month.
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Newest Listings in 35040, AL
What homes are available in 35040, AL?
New - 3 days on RocketVideo tour
$3,741 Closing Credit¹
#21411589, Katie Grzybowski, Listing Office: Keller Williams Realty Hoover
New - 3 days on RocketVideo tour
$2,613 Closing Credit¹
#21411566, Holly Scoggins, Listing Office: Newcastle Homes, Inc.
New - 4 days on RocketVideo tour
$2,482 Closing Credit¹
#21411438, Mike Kim, Listing Office: LAH Sotheby's International Re
New - 5 days on RocketVideo tour
$2,696 Closing Credit¹
#21411379, Todd Tucker, Listing Office: ARC Realty 280
New - 5 days on RocketVideo tour
$2,434 Closing Credit¹
#21411343, Robert Salmons, Listing Office: Entera Realty LLC
New - 5 days on RocketVideo tour
$2,553 Closing Credit¹
#21411306, Jeremy Miller, Listing Office: Local Realty
New - 6 days on RocketVideo tour
$2,256 Closing Credit¹
#21411226, Charlotte Bren, Listing Office: Norluxe Realty Birmingham LLC
New - 6 days on Rocket
#21411209, Jodi Phillips, Listing Office: RealtySouth - Chilton II
New - 7 days on RocketVideo tour
$2,791 Closing Credit¹
#21411133, Nakia Walker, Listing Office: Opendoor Brokerage LLC
New - 7 days on Rocket
$2,138 Closing Credit¹
#21411121, Isaac McDow, Listing Office: Keller Williams Realty Vestavia
New - 7 days on RocketVideo tour
$3,147 Closing Credit¹
#21411091, Melanie Bristow, Listing Office: Lowe and Associates Realty Inc
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, Montgomery Area Association of Realtors MLS, West Alabama Multiple Listing Service, and Lake Martin Area Association of REALTORS® MLS for the period 01/01/2025 - 03/01/2025
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 West Alabama Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:15:58 PM 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: 3/10/2025, 4:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is deemed to be reliable, but is not guaranteed. © 2025 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.