35051 Housing Market Report January 2025•Shelby County, Alabama

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Housing Prices in 35051, AL

How much do homes in 35051, AL cost?

Housing Market Conditions

Is 35051, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

35051 is a Seller's Market

Difference Since December 2024

Last month, 35051 has remained a Seller's Market.

Insight

35051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$285,632$139/SqFt
+$25,135
+9.6%

Based on all homes sold in January 2025

Insight

Homes in 35051 have sold for 9.6% more than they did a month ago.

Summary: The median home sold price in 35051 was $285,632 in January 2025, up 9.6% from last month, and the median price per square foot was $139.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
35186
+84.6%
35043
+22.8%
35007
+13.0%
35051
+9.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$121.5K-
N/A
3$261K$277.8K
+6.5%
4$275.9K$298.9K
+8.3%
5--
N/A

Summary: 35051 housing price by bedroom type for January 2025, compared to the previous year. 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 increased by +6.5%. The home price for 4 bedroom homes increased by +8.3%. The home price for 5 bedroom homes did not change.

Housing supply in 35051, AL

How many homes are available in 35051, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
35Last MonthJan 2025
322 months agoDec 2024
+9.4 %
Change MoMDec – Jan

Summary: The 35051 real estate market had 35 homes for sale in Jan 2025, a 9.4 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthJan 2025
62 months agoDec 2024
0.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
242
-50.0%
31213
+8.3%
41215
+25.0%
545
+25.0%

Summary: 35051 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in 35051, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price4 Homes

Under Asking Price0 Home

Insight

If you're buying a home in 35051, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 35051 in January 2025, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and and 33% were sold over asking.

Days on Market for 35051, AL

How long does it take to sell a home in 35051, AL?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in 35051 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 6 homes were sold in 35051; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
12 DaysLast MonthJan 2025
3 Days1 month agoDec 2024
+266.7 %
Change MoMDec – Jan

Summary: Homes in 35051 had an average listing age of 12 days in Jan 2025, up by 266.7% compared to the previous month.

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Newest Listings in 35051, AL

What homes are available in 35051, AL?

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MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS, and Dothan Multiple Listing Service Inc. for the period 12/01/2024 - 02/01/2025

IDX 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: 2/7/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information on this website is provided exclusively for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information on this website cannot be "scraped" or used without written permission from the Dothan Multiple Listing Service, Inc.®. The data relating to real estate for sale on this website comes in part from the (IDX) Internet Data Exchange Program of the Dothan Multiple Listing Service, Inc.®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Real estate listings held by brokerage firms other than the owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 9:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.