36564 ZIP Code Housing Market
$924,835median sale price
Quick answer: The median home sale price in ZIP code 36564 is $924,835, up 131.2% year-over-year. Homes sell in an average of 138 days. The market is currently a buyer's market.
Is the 36564 ZIP code a buyer's or seller's market?
ZIP code 36564 is currently a buyer's market and homes selling in about 138 days. How we determine this →
36564 market data
| Metric | Value |
|---|---|
| Median sale price | $924,835 |
| Median list price | $1.15M |
| Year-over-year price change | +131.2% |
| Average days on market | 138 days |
| Sale-to-list price ratio | 92.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The 36564 zip code, located in Homewood, AL, is currently classified as a buyer's market. The median sale price stands at $924,835, representing a +131.2% change year over year. Homes in this area spend an average of 138 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 36564 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
4
Last 12 weeks
Days on market
138
Average pace
Active listings
—
Sale-to-list
92.9%
Below asking
Market trends
Market analysis for 36564
The 36564 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 92.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 36564 have increased +131.2% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
0
Living in 36564
These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 36564.
Frequently asked questions about 36564
What is the median home price in 36564?
The current median sale price in 36564 is $924,835, based on recent Redfin transaction data. Prices have changed +131.2% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 36564 a buyer's or seller's market?
The 36564 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
How do I research neighborhoods in 36564?
Properties Incorporated provides comprehensive data for 36564 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 36564 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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