35803 Housing Market Report February 2025•Madison County, Alabama

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Housing Prices in 35803, AL

How much do homes in 35803, AL cost?

Housing Market Conditions

Is 35803, 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

35803 is a Neutral Market

Difference Since February 2024

At the same time last year, 35803 was a Seller's Market.

Insight

35803 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.
$319,920$162/SqFt
-$7,913
-2.4%

Based on all homes sold in the last 12 months

Insight

Homes in 35803 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 35803 was $319,920 in February 2025, down 2.4% from last year, and the median price per square foot was $162.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
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
35802
+11.6%
35763
+2.4%
35803
-2.4%
35760
-12.6%
35754
-30.7%

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.
BedsFeb 2024Feb 2025Change YoY
1$85.9K$170K
+97.8%
2$187.5K$183.9K
-1.9%
3$287.5K$280K
-2.6%
4$369.5K$379.9K
+2.8%
5$490K$545.3K
+11.3%

Summary: 35803 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +97.8%. The home price for 2 bedroom homes decreased by -1.9%. The home price for 3 bedroom homes decreased by -2.6%. The home price for 4 bedroom homes increased by +2.8%. The home price for 5 bedroom homes increased by +11.3%.

How does 35803, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

35803, AL

Housing supply in 35803, AL

How many homes are available in 35803, 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
176Last MonthFeb 2025
1602 months agoJan 2025
+10.0 %
Change MoMJan – Feb

Summary: The 35803 real estate market had 176 homes for sale in Feb 2025, a 10.0 % increase compared to Jan 2025.

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
28Last MonthFeb 2025
252 months agoJan 2025
+12.0 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
101
+100.0%
2810
+25.0%
35963
+6.8%
46673
+10.6%
52729
+7.4%

Summary: 35803 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +6.8%. The inventory for 4 bedroom homes increased by +10.6%. The inventory for 5 bedroom homes increased by +7.4%.

Asking Price vs. Sold Price

How much do homes in 35803, 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 Price3 Homes

At Asking Price14 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in 35803, expect to pay close to the asking price. 51.9% of homes here sold near the asking price last month.

Summary: A total of 28 homes were sold or pending in 35803 in February 2025, up by 12.0% month-over-month. Of the 27 sold homes, 37% were sold under asking, 52% were sold at asking, and and 11% were sold over asking.

Days on Market for 35803, AL

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in 35803, AL

What homes are available in 35803, AL?

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Nearby markets

Nearby markets aren't available for 35803, AL

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MLS Disclaimers and Copyright

Based on information from ValleyMLS, for the period 03/01/2023 - 03/01/2025

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2025 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.