35473 Housing Market Report January 2025•Tuscaloosa County, Alabama

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Housing Prices in 35473, AL

How much do homes in 35473, AL cost?

Housing Market Conditions

Is 35473, 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

35473 is a Seller's Market

Difference Since January 2024

Since last year, 35473 has remained a Seller's Market.

Insight

35473 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.
$279,900$159/SqFt
+$11,650
+4.3%

Based on all homes sold in the last 12 months

Insight

Homes in 35473 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 35473 was $279,900 in January 2025, up 4.3% from last year, and the median price per square foot was $159.

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
35476
+14.5%
35473
+4.3%
35475
+3.9%
35406
+2.4%

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.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$157.5K$190K
+20.6%
3$250K$266.9K
+6.8%
4$315K$312.4K
-0.8%
5$374.9K$340K
-9.3%

Summary: 35473 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 increased by +20.6%. The home price for 3 bedroom homes increased by +6.8%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes decreased by -9.3%.

Housing supply in 35473, AL

How many homes are available in 35473, 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
50Last MonthJan 2025
472 months agoDec 2024
+6.4 %
Change MoMDec – Jan

Summary: The 35473 real estate market had 50 homes for sale in Jan 2025, a 6.4 % 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
14Last MonthJan 2025
142 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%
200
0.0%
32628
+7.7%
41818
0.0%
534
+33.3%

Summary: 35473 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 remained the same. The inventory for 3 bedroom homes increased by +7.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in 35473, 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 Price1 Home

At Asking Price7 Homes

Under Asking Price6 Homes

Insight

If you're buying a home in 35473, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in 35473 in January 2025, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 50% were sold at asking, and and 7% were sold over asking.

Days on Market for 35473, AL

How long does it take to sell a home in 35473, AL?

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days5 Homes

Over 90 Days1 Home

Insight

Many homes in 35473 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 14 homes were sold in 35473; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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.
This Year1 year agoChange YoY
44 DaysThis YearJan 2025
46 Days1 year agoJan 2024
-5.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 35473 had an average listing age of 44 days in Jan 2025, down by 5.3% compared to the previous year.

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Newest Listings in 35473, AL

What homes are available in 35473, AL?

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Nearby markets aren't available for 35473, AL

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MLS Disclaimers and Copyright

Based on information from West Alabama Multiple Listing Service, and Greater Alabama MLS for the period 02/01/2023 - 02/01/2025

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: 2/7/2025, 7:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.