36078 Housing Market Report February 2025•Elmore County, Alabama

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Housing Prices in 36078, AL

How much do homes in 36078, AL cost?

Housing Market Conditions

Is 36078, 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

36078 is a Seller's Market

Difference Since February 2024

Since last year, 36078 has remained a Seller's Market.

Insight

36078 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.
$210,000$121/SqFt
+$19,000
+9.9%

Based on all homes sold in the last 12 months

Insight

Homes in 36078 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 36078 was $210,000 in February 2025, up 9.9% from last year, and the median price per square foot was $121.

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
36078
+9.9%
36093
+1.8%
36024
-7.8%

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--
N/A
2$104K$114.9K
+10.5%
3$180K$206.5K
+14.7%
4$330K$327.4K
-0.8%
5$487.5K$280K
-42.6%

Summary: 36078 housing price by bedroom type for February 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 +10.5%. The home price for 3 bedroom homes increased by +14.7%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes decreased by -42.6%.

Housing supply in 36078, AL

How many homes are available in 36078, 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
43Last MonthFeb 2025
422 months agoJan 2025
+2.4 %
Change MoMJan – Feb

Summary: The 36078 real estate market had 43 homes for sale in Feb 2025, a 2.4 % 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
8Last MonthFeb 2025
32 months agoJan 2025
+166.7 %
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
100
0.0%
255
0.0%
32627
+3.8%
488
0.0%
533
0.0%

Summary: 36078 housing inventory by bedroom type for February 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 +3.8%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 36078, 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 Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in 36078, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 36078 in February 2025, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.

Days on Market for 36078, AL

How long does it take to sell a home in 36078, AL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days5 Homes

Over 90 Days3 Homes

Insight

Avg time on Rocket Homes in 36078 has remained consistent over time.

Summary: During February 2025, 8 homes were sold in 36078; 0% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 38% 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
110 DaysThis YearFeb 2025
111 Days1 year agoFeb 2024
-0.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 36078 had an average listing age of 110 days in Feb 2025, down by 0.6% compared to the previous year.

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Newest Listings in 36078, AL

What homes are available in 36078, AL?

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MLS Disclaimers and Copyright

Based on information from Montgomery Area Association of Realtors MLS, Lake Martin Area Association of REALTORS® MLS, Greater Alabama MLS, and Lee County MLS for the period 03/01/2023 - 03/01/2025

IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is deemed to be reliable, but is not guaranteed. © 2025 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. 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 data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:15:59 PM 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: 3/10/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing information provided in part by the Lee County Association of REALTORS® for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Lee County Association of REALTORS® 2024. 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: 3/10/2025, 4:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.