Wilmer, AL Home Values & Market Trends

Real estate market trends reflect that there have been 148 transactions over the past year in Wilmer. The median value for residential home transactions that occurred over the previous year is $169,788. The number of current listings in Wilmer is 10, and the percentage of properties for sale in the city is 10.00%. Wilmer, AL currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 10 properties for sale.

Wilmer, AL Real Estate Market Overview

ZipMedian Est. Value
36587

$ 169,788

$ 124/sqft

Housing Market Summary for Wilmer, AL

Oct 2023September 2024Change
Median Listing Price$247K$282K14.17%
Median Sold Price$198.2K$227.9K14.96%
Homes For Sale138-38.46%
Homes Sold9175-17.58%
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 Wilmer, AL

Wilmer home values range from $35,501 to $977,496. The median estimated value of a home in Wilmer is $169,788. The median list price of a home is 199,750, and the total count of properties in the city is 89.

Foreclosure
There is 1 zips within Wilmer, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $338,941 in 36587 to the lowest value of $144,496 in 36587. Foreclosure homes account for 2.00% of properties in Wilmer, AL with 36587 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Wilmer, 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 Wilmer, 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 Wilmer, AL ranges from the highest value of $144,496 in 36587 to the lowest value of $144,496 in 36587. Bank owned homes and properties account for 1.12% of properties in Wilmer, AL. There is 1 zips within Wilmer, AL; 36587 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36587 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Wilmer, AL. Auction homes and other auction properties account for 1.12% of all properties in Wilmer, AL. There is 1 zips within Wilmer, AL; of that zips, the median estimated home value for homes going to auction ranges from $338,941 in 36587 to the lowest value of $338,941 in 36587.
Homes for Sale
Homes and properties that are actively listed for sale account for 11.24% of residential properties in Wilmer, AL with 36587 containing 10 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Wilmer, AL; homes for sale in that zips, have a range of median values from $495,510 in 36587 to the lowest value of $99,900 in 36587.
    Sold Homes
    The median value for recently sold homes ranges from $977,496 in 36587 to the lowest price of $35,501 in 36587. There is 1 zips within Wilmer, AL. 36587 has 75 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 84.27% of properties in Wilmer, AL.

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      Guide for Wilmer, AL

      Alabama
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama
      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Kentucky
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
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      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Alabama|posted 13 June 2024

      Montgomery, AL real estate saw a 4% growth in average property value from June 2023 to May 2024, raising from $181k to $188.5k.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky|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
      Kentucky|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.

      Recently Listed Homes Wilmer, AL

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