36507 Home Values & Market Trends

There are 22 homes currently listed for 36507. 36507 real estate market trends show that home prices range from $40,000 to $1,200,000, and the median sales price in the 36507 zip code is $216,628.25. The total number of properties sold within the past twelve months is 265. In 36507, 10 properties are in foreclosure, 1 are bank owned properties,and 9 are headed for auction.

Housing Market Summary for 36507

Mar 2023February 2024Change
Median Listing Price$239K$219.4K-8.20%
Median Sold Price$201.7K$219.4K8.78%
Homes For Sale152033.33%
Homes Sold156141-9.62%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 36507

The median list price of a home in Bay Minette, is $216,628.25. A total of 22 properties are for sale, and the percentage of properties for sale in the zip code is 22.00%. The total count of 36507 properties is 7,099.

Foreclosure
There is 1 cities within 36507; within this cities, the median estimated home value for homes in foreclosure ranges from $495,000 in bay minette to the lowest value of $60,576 in bay minette. Foreclosure homes account for 0.00% of properties in 36507 with bay minette containing 10 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 36507 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 36507; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 36507 ranges from the highest value of $160,500 in bay minette to the lowest value of $160,500 in bay minette. Bank owned homes and properties account for 0.01% of properties in 36507. There is 1 cities within 36507; bay minette containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    bay minette has 9 auction properties, the highest number of properties going to auction in a single city in the state of 36507. Auction homes and other auction properties account for 0.13% of all properties in 36507. There is 1 cities within 36507; of that cities, the median estimated home value for homes going to auction ranges from $495,000 in bay minette to the lowest value of $60,576 in bay minette.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in 36507 with bay minette containing 22 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 36507; homes for sale in that cities, have a range of median values from $777,200 in bay minette to the lowest value of $40,000 in bay minette.
    Sold Homes
    The median value for recently sold homes ranges from $1,008,959 in bay minette to the lowest price of $28,787 in bay minette. There is 1 cities within 36507. bay minette has 134 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.89% of properties in 36507.

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      Guide for 36507

      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes 36507

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