Helen Drennen, Listing Office: RealtySouth-MB-Cahaba Rd
35223 Housing Market Report December 2024•Jefferson County, Alabama
Housing Prices in 35223, AL
How much do homes in 35223, AL cost?
Housing Market Conditions
Is 35223, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
35223 is a Seller's Market
Difference Since November 2024
Last month, 35223 has remained a Seller's Market.
35223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in 35223 have sold for 1.9% less than they did a month ago.
Summary: The median home sold price in 35223 was $720,000 in December 2024, down 1.9% from last month, and the median price per square foot was $296.
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | $265K | N/A |
33 Bedrooms | $556.4K | $661K | +18.8% |
44 Bedrooms | $825K | $822.5K | -0.3% |
55+ Bedrooms | $1.7M | - | N/A |
Summary: 35223 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 increased by +18.8%. The home price for 4 bedroom homes decreased by -0.3%. The home price for 5 bedroom homes did not change.
Housing supply in 35223, AL
How many homes are available in 35223, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
31Last MonthDec 2024 | ||
382 months agoNov 2024 | -18.4 % Change MoMNov – Dec |
Summary: The 35223 real estate market had 31 homes for sale in Dec 2024, a 18.4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthDec 2024 | ||
122 months agoNov 2024 | -8.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 2 | +100.0% |
33 Bedrooms | 13 | 9 | -30.8% |
44 Bedrooms | 19 | 17 | -10.5% |
55+ Bedrooms | 5 | 3 | -40.0% |
Summary: 35223 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 increased by +100.0%. The inventory for 3 bedroom homes decreased by -30.8%. The inventory for 4 bedroom homes decreased by -10.5%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in 35223, AL cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price6 Homes
If you're buying a home in 35223, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 35223 in December 2024, down by 8.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and and 18% were sold over asking.
Days on Market for 35223, AL
How long does it take to sell a home in 35223, AL?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Many homes in 35223 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in 35223; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
40 DaysLast MonthDec 2024 | ||
11 Days1 month agoNov 2024 | +246.0 % Change MoMNov – Dec |
Summary: Homes in 35223 had an average listing age of 40 days in Dec 2024, up by 246.0% compared to the previous month.
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Newest Listings in 35223, AL
What homes are available in 35223, AL?
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, 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: 1/18/2025, 6:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.