Semmes, AL Home Values & Market Trends

Real estate market trends reflect that there have been 277 transactions over the past year in Semmes. The median value for residential home transactions that occurred over the previous year is $211,249.36. The number of current listings in Semmes is 27, and the percentage of properties for sale in the city is 27.00%. Semmes, AL currently has 22 properties in foreclosure, 7 bank owned properties, 15 properties headed for auction, and 27 properties for sale.

Semmes, AL Real Estate Market Overview

ZipMedian Est. Value
36575

$ 257,799

$ 122/sqft

Housing Market Summary for Semmes, AL

Apr 2023March 2024Change
Median Listing Price$295K$250.8K-14.99%
Median Sold Price$210K$250.8K19.42%
Homes For Sale192426.32%
Homes Sold144130-9.72%
Price
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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 Semmes, AL

Semmes home values range from $21,204 to $2,048,467. The median estimated value of a home in Semmes is $211,249.36. The median list price of a home is 299,900, and the total count of properties in the city is 7,342.

Foreclosure
There is 1 zips within Semmes, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $346,026 in 36575 to the lowest value of $78,752 in 36575. Foreclosure homes account for 0.00% of properties in Semmes, AL with 36575 containing 22 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Semmes, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Semmes, AL; of that zips, 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 Semmes, AL ranges from the highest value of $267,322 in 36575 to the lowest value of $132,223 in 36575. Bank owned homes and properties account for 0.10% of properties in Semmes, AL. There is 1 zips within Semmes, AL; 36575 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36575 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of Semmes, AL. Auction homes and other auction properties account for 0.20% of all properties in Semmes, AL. There is 1 zips within Semmes, AL; of that zips, the median estimated home value for homes going to auction ranges from $346,026 in 36575 to the lowest value of $78,752 in 36575.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in Semmes, AL with 36575 containing 27 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Semmes, AL; homes for sale in that zips, have a range of median values from $544,706 in 36575 to the lowest value of $161,950 in 36575.
    Sold Homes
    The median value for recently sold homes ranges from $998,557 in 36575 to the lowest price of $30,277 in 36575. There is 1 zips within Semmes, AL. 36575 has 142 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.93% of properties in Semmes, AL.

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      Guide for Semmes, AL

      Market Reports
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      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      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 […]

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.