35173 Housing Market Report December 2024•Jefferson County, Alabama

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Housing Prices in 35173, AL

How much do homes in 35173, AL cost?

Housing Market Conditions

Is 35173, 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

35173 is a Neutral Market

Difference Since November 2024

Last month, 35173 was a Seller's Market.

Insight

35173 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

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.
$398,250$154/SqFt
+$8,350
+2.1%

Based on all homes sold in December 2024

Insight

Homes in 35173 have sold for 2.1% more than they did a month ago.

Summary: The median home sold price in 35173 was $398,250 in December 2024, up 2.1% from last month, and the median price per square foot was $154.

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 MoM
35126
+20.8%
35120
+4.1%
35004
+3.0%
35173
+2.1%
35235
-8.7%

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.
BedsNov 2024Dec 2024Change MoM
4$410K$417.5K
+1.8%
1-$391.5K
N/A
2--
N/A
3$351.1K$299.9K
-14.6%
5$512.5K$412.5K
-19.5%

Summary: 35173 housing price by bedroom type for December 2024, compared to the previous month. The home price for 4 bedroom homes increased by +1.8%. 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 -14.6%. The home price for 5 bedroom homes decreased by -19.5%.

Housing supply in 35173, AL

How many homes are available in 35173, 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
124Last MonthDec 2024
1212 months agoNov 2024
+2.5 %
Change MoMNov – Dec

Summary: The 35173 real estate market had 124 homes for sale in Dec 2024, a 2.5 % increase compared to Nov 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
20Last MonthDec 2024
232 months agoNov 2024
-13.0 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
43841
+7.9%
101
+100.0%
224
+100.0%
35657
+1.8%
52521
-16.0%

Summary: 35173 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 4 bedroom homes increased by +7.9%. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +1.8%. The inventory for 5 bedroom homes decreased by -16.0%.

Asking Price vs. Sold Price

How much do homes in 35173, 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 Price4 Homes

At Asking Price6 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in 35173, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 35173 in December 2024, down by 13.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and and 20% were sold over asking.

Days on Market for 35173, AL

How long does it take to sell a home in 35173, AL?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days8 Homes

Over 90 Days1 Home

Insight

Many homes in 35173 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 20 homes were sold in 35173; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% 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
54 DaysLast MonthDec 2024
48 Days1 month agoNov 2024
+11.5 %
Change MoMNov – Dec

Summary: Homes in 35173 had an average listing age of 54 days in Dec 2024, up by 11.5% compared to the previous month.

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Newest Listings in 35173, AL

What homes are available in 35173, AL?

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MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS, Georgia MLS, and Strategic MLS Alliance for the period 11/01/2024 - 01/01/2025

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: 1/21/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2025 Strategic MLS Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 7:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.